bankruptcy

Bankman-Fried to Appear in Court for First Time Since Conviction
Bankman-Fried to Appear in Court for First Time Since Conviction
February 21, 2024  |  Legal

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, is set to appear in court Wednesday (Feb. 21) for a hearing on his new lawyer’s...

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Report: Apparel Company True Religion Up for Sale
Report: Apparel Company True Religion Up for Sale
February 15, 2024  |  Retail

Apparel company True Religion may be up for sale. The company’s owner, hedge fund Farmstead Capital Management, began the sales process in January, CNBC reported...

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WeWork Co-Founder Hopes to Buy Back Bankrupt Company
WeWork Co-Founder Hopes to Buy Back Bankrupt Company
February 06, 2024  |  Acquisitions

The founder of bankrupt co-working startup WeWork reportedly hopes to buy back the company. Adam Neumann and other investors have been trying to get information from the...

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Cake Files for Bankruptcy, Joining Other Troubled eMobility Firms
Cake Files for Bankruptcy, Joining Other Troubled eMobility Firms
February 02, 2024  |  Transportation

Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy. Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2). The company was in the midst...

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Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024  |  Security & Fraud

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. The...

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Audacy Looks to Streaming Post-Bankruptcy as Audio Media Becomes Subscription-Based
Audacy Looks to Streaming Post-Bankruptcy as Audio Media Becomes Subscription-Based
January 22, 2024  |  Subscriptions

With consumers increasingly getting their audio broadcasting from subscription platforms, Audacy is looking to streaming in its bankruptcy recovery. As Inside Radio reported Monday (Jan. 22),...

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Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
January 19, 2024  |  Legal

A federal appeals court has ordered an investigation into the collapse of bankrupt cryptocurrency exchange FTX.  The court agreed with a government watchdog’s argument that appointing...

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Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
January 11, 2024  |  Cryptocurrency

Some former FTX customers are reportedly unhappy with the bankrupt cryptocurrency company’s repayment plans. More than 80 customers have written to the federal bankruptcy judge...

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SVB Financial Group and Creditors Aim to Form New Company
SVB Financial Group and Creditors Aim to Form New Company
January 09, 2024  |  Banking

SVB Financial Group, the former parent company of Silicon Valley Bank, has made progress in its bankruptcy case by reaching a deal with key creditors....

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