bankruptcy

Suppliers Left Hanging As Sears Rescue Attempt Progresses

Suppliers Left Hanging As Sears Rescue Attempt Progresses
Suppliers Left Hanging As Sears Rescue Attempt Progresses
June 04, 2019  |  B2B Payments

The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears Hometown with Sears...

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The Domino Effect Of Corporate Failures, Late Supplier Payments
The Domino Effect Of Corporate Failures, Late Supplier Payments
June 04, 2019  |  B2B Payments

Despite ongoing turbulence from major global market events like Brexit and trade wars, the prevalence of business failures has actually declined across the world, new...

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China Considers SMB Bankruptcy Path
China Considers SMB Bankruptcy Path
May 31, 2019  |  B2B Payments

Chinese regulation does not offer a way for individuals to discharge the debt they cannot pay. According to reports in The Economist, small business (SMB)...

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Taxi Drivers Driven To Bankruptcy Over Medallion Loans
Taxi Drivers Driven To Bankruptcy Over Medallion Loans
May 19, 2019  |  Loans

The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with...

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Bitcoin Daily: EY Reveals QuadrigaCX Owes $150M; Binance To Resume Transactions After Cyberattack
Bitcoin Daily: EY Reveals QuadrigaCX Owes $150M; Binance To Resume Transactions After Cyberattack
May 14, 2019  |  Bitcoin

QuadrigaCX’s final report revealed that the defunct exchange still owes around $160 million. Get the Full Story Complete the form to unlock this article and...

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Easing Chapter 11 Pain For Small Businesses
Easing Chapter 11 Pain For Small Businesses
April 24, 2019  |  B2B Payments

U.S. lawmakers continue to press for more affordable bankruptcy for small businesses, with Congress reintroducing the Small Business Reorganization Act earlier this month. Get the...

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Bitcoin Daily: QuadrigaCX On The Verge Of Bankruptcy; Bitcoin Pops 20 Pct
Bitcoin Daily: QuadrigaCX On The Verge Of Bankruptcy; Bitcoin Pops 20 Pct
April 03, 2019  |  Bitcoin

An anonymous buyer has helped bitcoin rise to its highest level in nearly five months. According to Reuters, the crypto broke $5,000 for the first...

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Corporate Insolvencies Rising For First Time In Years
Corporate Insolvencies Rising For First Time In Years
March 13, 2019  |  B2B Payments

Economists continue to raise concerns about rising corporate debt levels, particularly in the two economic powerhouses of the world: the U.S. and China. Ongoing uncertainty...

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