Chapter 11

Rise of ‘Mega Bankruptcies’ Leaves Economists Worried
Rise of ‘Mega Bankruptcies’ Leaves Economists Worried
October 08, 2023  |  Economy

SVB Financial. Yellow. Bed Bath & Beyond. All big companies, all filed for bankruptcy. And as The Wall Street Journal (WSJ) reported Sunday (Oct. 8), it’s part of...

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Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
April 04, 2023  |  Retail

It seems like a lifetime ago — SPACs were the “it” way to take companies public. And during the pandemic, eCommerce delivery businesses were the...

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Binance.US to Buy Voyager Digital’s Assets for $1.02B 
Binance.US to Buy Voyager Digital’s Assets for $1.02B 
December 19, 2022  |  Cryptocurrency

Binance.US will acquire the assets of bankrupt crypto lender Voyager Digital for $1.022 billion.  The Binance.US bid sets a clear path for Voyager customer funds...

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Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours
Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours
December 04, 2022  |  Subscription Commerce

You might have thought that an online wine club would be impervious to consumers’ belt-tightening. News came last week that Winc filed for Chapter 11...

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FTX Liquidators in Bahamas Move Case From New York to Delaware
FTX Liquidators in Bahamas Move Case From New York to Delaware
November 22, 2022  |  Cryptocurrency

Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where...

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Retailers Using Chapter 11 To Break Lease Agreements
Retailers Using Chapter 11 To Break Lease Agreements
August 07, 2020  |  Retail

Companies that have filed for Chapter 11 bankruptcy are using the court protection to end long-term lease agreements early and close thousands of stores, reported...

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COVID Pushes California Pizza Kitchen Into Bankruptcy
COVID Pushes California Pizza Kitchen Into Bankruptcy
July 30, 2020  |  Retail

California Pizza Kitchen (CPK) is the latest big restaurant chain to fall on hard times in the wake of the coronavirus pandemic. The Los Angeles-based...

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SMBs Use New Bankruptcy Law To Save Businesses
SMBs Use New Bankruptcy Law To Save Businesses
July 13, 2020  |  SMBs

A new law could make it easier for businesses to file for Chapter 11 bankruptcy and remain open, with more leverage for small businesses and...

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Brooks Brothers Bankruptcy Leads List Of More Fashion Retail Troubles
Brooks Brothers Bankruptcy Leads List Of More Fashion Retail Troubles
July 08, 2020  |  Retail

The retail world was rocked by more bankruptcy news on Wednesday (July 8), as Brooks Brothers officially announced its long-rumored bankruptcy and women’s fashion icon...

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