[
bankruptcy news
]Latest from bankruptcy
Kanye West insists on billionaire status despite reports of hefty tax penalties
Earlier this week, an emerging report claimed that Kanye West is drowning under tax penalties attached to US properties he has abandoned since his Tokyo move.

Published on Jan 25, 2025 08:48 PM IST
Big Lots reaches deal to keep hundreds of its stores open amid bankruptcy
Friday's transaction with the Boston-based asset liquidation firm would result in the transfer of 200 to 400 Big Lots stores to Variety Wholesalers, Inc.

Updated on Dec 31, 2024 09:46 PM IST
Singapore declares former tycoon bankrupt after oil empire collapses
Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Published on Dec 29, 2024 02:01 PM IST
Bloomberg |
Is Big Lots closing? Company announces 'going out of business' sales
Despite failing to complete “its asset purchase agreement with Nexus Capital Management,” the company intends to “complete a sale by early January.”

Published on Dec 21, 2024 01:49 AM IST
US budget carrier Spirit Airlines files for bankruptcy amid financial woes
US low-cost carrier Spirit Airlines grappling with financial woes on Monday announced it had filed for bankruptcy.

Published on Nov 18, 2024 07:03 PM IST
AFP | | Posted by Shweta Kukreti
Mumbai transport: BEST-Hansa Group impasse continues, commuters suffer
The deadlock between BEST and Hansa Group persists, with Hansa demanding ₹90 crore and threatening to withdraw 280 buses by Diwali amid operational issues

Updated on Oct 17, 2024 09:22 AM IST
Tupperware's bankruptcy leaves X stirring with witty and hilarious reactions
Soon after Tupperware announced bankruptcy, numerous people on the internet took to X and poured in their thoughts.

Published on Sep 19, 2024 12:07 PM IST
Byju’s US bankruptcy ruling catches Indian official off guard
The development was “surprising” and “in conflict” with insolvency proceedings in India, wrote Pankaj Srivastava, the Interim Resolution Professional of Byju’s

Published on Sep 14, 2024 09:53 AM IST
Bloomberg |
Fisker files for bankruptcy, second Henrik Fisker car company to do so
Fisker Group Inc filed for Chapter 11 bankruptcy in Delaware and listed estimated assets of $500 million to $1 billion.

Updated on Jun 18, 2024 01:10 PM IST
Neon Genesis Evangelion producer Gainax shuts down due to bankruptcy
Anime studio Gainax, known for FLCL, Gurren Lagann, and Neon Genesis Evangelion, shuts down after declaring bankruptcy due to decades of financial woes.

Published on Jun 08, 2024 08:08 AM IST
Byju’s US creditors petition to put subsidiaries into bankruptcy proceedings
US subsidiaries of Byju’s may enter bankruptcy due to not repaying a 1.2 billion USD loan.

Published on Jun 05, 2024 06:19 PM IST
Go First crisis: After aircraft de-registration, EaseMyTrip founder withdraws bid
Go First, which filed for bankruptcy in May last year, had received two financial bids as part of its bankruptcy process

Published on May 25, 2024 05:47 PM IST
Cong’s Maoist manifesto will make India bankrupt: Modi
Speaking at a rally in Shivaji Park ahead of the fifth phase of polling on Monday, including in the Mumbai Metropolitan Region (MMR), he claimed that during his 10 year stint as the prime minister, he ensured that Mumbai got its dues in terms of safety and security of citizens, development, investment, and opportunities for youth, which had all been stalled by the Maharashtra Vikas Aghadi (MVA)

Updated on May 18, 2024 07:20 AM IST
Red Lobster closes multiple restaurants, check out full list of locations
Red Lobster has “temporarily closed” 87 locations across 27 states, check out complete list

Published on May 14, 2024 10:30 PM IST
Noida struggles to recover ₹8,300 crore dues from commercial project developers
As per the authority’s data, the biggest defaulter is a mega commercial project located in Sector 94. This project has a dues of over ₹2,100 crore

Updated on May 04, 2024 05:24 AM IST
HT Correspondent, Noida
‘India aiming to be superpower and we are…': Pakistan leader in Parliament
Maulana Fazlur Rehman attributed Pakistan's predicament to unseen forces who are operating from behind the scenes.

Published on Apr 30, 2024 11:08 AM IST
Summer travel: The routes with fewer—and more—flights
GoFirst impact: The Indian aviation market has changed significantly with airlines adding or reducing capacity on several routes.

Published on Apr 09, 2024 10:22 AM IST
The Body Shop shuts down all US operations, closes multiple stores in Canada
The Body Shop further revealed in the statement that it is currently undergoing “restricting procedures” in Canada and will shut down 33 of its stores

Published on Mar 11, 2024 10:53 PM IST
Amazon aggregator Thrasio's arduous road to filing Chapter 11 bankruptcy
Leading e-commerce aggregator for Amazon, Thrasio, has filed for bankruptcy. The third party seller has been in deep water since it laid off employees in 2022.

Published on Feb 29, 2024 09:45 PM IST
Go First gets two financial bids as part of its bankruptcy process
The plan included additional funds for restarting the airline's operations, as stated by a banker that has exposure to Go First.

Published on Feb 24, 2024 01:11 PM IST
Chhattisgarh has set target to double state GDP in 5 years: FM Choudhary
Chhattisgarh has set target to double state GDP in 5 years: FM Choudhary

Published on Feb 10, 2024 11:28 AM IST
PTI |
Ebix files for Chapter 11 bankruptcy protection in Northern Texas: Report
Ebix files for Chapter 11 bankruptcy protection in Northern Texas, according to a court filing

Updated on Dec 18, 2023 03:28 PM IST
Why billionaire Naveen Jindal lost interest in buying out bankrupt Go Air
Naveen Jindal, the only billionaire interested in buying out the troubled Go Air airlines, has reportedly backed out of bidding for the same.

Published on Dec 15, 2023 08:14 PM IST
Go First CEO Kaushik Khona resigns amid airline's uncertain future
Go First CEO, Kaushik Khona, has resigned from the grounded airline after seven months since it filed for bankruptcy.

Published on Nov 30, 2023 08:32 PM IST
WeWork founder living in lavish new Miami home despite bankruptcy plea: Report
Following his inability to lead the company through a successful initial public offering in 2019, Neumann, the American-Israeli entrepreneur, faced expulsion.

Published on Nov 14, 2023 05:01 PM IST
Sreelakshmi B | Edited by Vaibhav Tiwari
WeWork's lease termination increase mortgage bond exposure to $2.5 billion
WeWork's plan to terminate leases on at least 69 properties will increase the total mortgage bonds affected by the company's closures to $2.5 billion.

Updated on Nov 09, 2023 02:32 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
WeWork, once most valuable US startup, files for bankruptcy
SoftBank's WeWork, once most valuable U.S. startup, has succumbed to bankruptcy with liabilities ranging from $10 billion to $50 billion

Published on Nov 07, 2023 08:55 AM IST
Reuters |
Once worth $47 billion, WeWork shares near zero after bankruptcy warning
"WeWork was perhaps the most overhyped startup of recent years," said Steve Clayton, head of equity funds at Hargreaves Lansdown.

Updated on Aug 11, 2023 01:53 PM IST
Reuters |
Opposition has made up its mind to stay in opposition, says Hardeep Puri
Hardeep Singh Puri said the value of Parliament lies in the opposition’s “ability to put us on the mat”, but these parties had created hurdles for themselves by laying preconditions

Updated on Aug 04, 2023 04:36 PM IST
Sare Homes flat buyers stage protest against developer in Gurugram
Flat buyers in the Sare Homes project in Gurugram staged a protest against the developer for failing to communicate about an ongoing legal process. The buyers, who have paid almost 95% of the cost of their property, allege that they have been denied their homes due to lack of communication, resulting in their inability to file their claims. A consortium recently acquired the developer under the Insolvency and Bankruptcy Code and agreed to complete the construction, but only accepted claims from 1,200 buyers out of a total of 1,699.

Updated on Jul 03, 2023 12:13 AM IST
- 1
- 2
- ...