Consumers are cutting back on nice-to-haves like craft supplies, and even when they do buy these items, they are increasingly choosing retail giants such as Amazon,...
Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said...
Earlier this year, bankrupt cryptocurrency firm FTX called off plans to resurrect its exchange. And that was a missed opportunity, some of the company’s creditors told The Wall Street...
CURO Group Holdings has filed for bankruptcy protection to implement the terms of a Restructuring Support Agreement (RSA) supported by about 74% of its lenders. The...
Sam Bankman-Fried’s defense team said Tuesday (March 19) that the prosecution’s proposed 40- to 50-year prison sentence is based on a “distorted” narrative and a...
London-based financial firm Attestor is in a legal battle involving the bankruptcy of FTX. Attestor, known for its expertise in investing in distressed assets, bought FTX’s distressed...
Silicon Valley Bank’s (SVB) collapse was one of the largest banking failures in American history. And according to a report Tuesday (March 12) by Bloomberg News, that collapse...
Financial guidance platform NerdWallet says it was the victim of a fraudulent bankruptcy filing. As Reuters reported Saturday (March 2), the company said that it did not...