Showing 1 to 12 of 155 results
Timing of Asset Protection Planning Determines Legality and Consequences
Asset protection planning, effective only before a claim arises from a liability-causing event, becomes fraudulent afterward, leading to severe legal and financial repercussions for debtors and transferees.
Timing of Asset Protection Planning Determines Legality and Consequences
Asset protection planning, effective only before a claim arises from a liability-causing event, becomes fraudulent afterward, leading to severe legal and financial repercussions for debtors and transferees.
Progress
44% Bias Score
Jones Accused of Hiding \$5M in Assets from Sandy Hook Victims
A bankruptcy trustee accuses Alex Jones of fraudulently transferring over \$5 million in assets to shield them from creditors, including families of Sandy Hook victims, leading to new lawsuits and further legal battles in his ongoing bankruptcy case.
Jones Accused of Hiding \$5M in Assets from Sandy Hook Victims
A bankruptcy trustee accuses Alex Jones of fraudulently transferring over \$5 million in assets to shield them from creditors, including families of Sandy Hook victims, leading to new lawsuits and further legal battles in his ongoing bankruptcy case.
Progress
44% Bias Score
Toys 'R' Us ANZ Suspended from ASX Amidst Insolvency
Toys 'R' Us Australia and New Zealand, an online-only toy retailer, has been suspended from the ASX after appointing administrators for the second time due to insolvency, following years of losses and declining revenue, resulting in a $19.4 million loss in fiscal 2024.
Toys 'R' Us ANZ Suspended from ASX Amidst Insolvency
Toys 'R' Us Australia and New Zealand, an online-only toy retailer, has been suspended from the ASX after appointing administrators for the second time due to insolvency, following years of losses and declining revenue, resulting in a $19.4 million loss in fiscal 2024.
Progress
48% Bias Score
Liberal Party Faces $2.3 Million Bailout Decision for MP
Former Liberal opposition leader John Pesutto faces potential bankruptcy after losing a defamation case to fellow MP Moira Deeming, requiring him to pay $2.3 million within 21 days; his party is considering a bailout.
Liberal Party Faces $2.3 Million Bailout Decision for MP
Former Liberal opposition leader John Pesutto faces potential bankruptcy after losing a defamation case to fellow MP Moira Deeming, requiring him to pay $2.3 million within 21 days; his party is considering a bailout.
Progress
44% Bias Score
Australian Diamond Mine Merlin Faces Sale After Owner's Collapse
Lucapa Diamond Company Limited, owner of Australia's Merlin diamond mine, which produced a record-breaking 104-carat diamond, has entered voluntary administration, resulting in the likely sale of the mine and impacting the Australian diamond mining industry.
Australian Diamond Mine Merlin Faces Sale After Owner's Collapse
Lucapa Diamond Company Limited, owner of Australia's Merlin diamond mine, which produced a record-breaking 104-carat diamond, has entered voluntary administration, resulting in the likely sale of the mine and impacting the Australian diamond mining industry.
Progress
40% Bias Score
Rite Aid Sells Pharmacy Assets to CVS, Walgreens, and Grocery Chains
Rite Aid's bankruptcy has led to the sale of pharmacy assets from over 800 stores to CVS, Walgreens, and grocery chains including Kroger and Albertsons, with CVS acquiring 64 stores and prescription files from 625 pharmacies across 15 states.
Rite Aid Sells Pharmacy Assets to CVS, Walgreens, and Grocery Chains
Rite Aid's bankruptcy has led to the sale of pharmacy assets from over 800 stores to CVS, Walgreens, and grocery chains including Kroger and Albertsons, with CVS acquiring 64 stores and prescription files from 625 pharmacies across 15 states.
Progress
36% Bias Score
Purdue Pharma Bankruptcy Plan Approved Despite Missing Victim Restitution Information
A New York bankruptcy judge approved Purdue Pharma's reorganization plan despite objections that the disclosure statement omits information about $225 million that could go to opioid victims under the Mandatory Victims Restitution Act; the omission raises concerns about the fairness of the bankruptc...
Purdue Pharma Bankruptcy Plan Approved Despite Missing Victim Restitution Information
A New York bankruptcy judge approved Purdue Pharma's reorganization plan despite objections that the disclosure statement omits information about $225 million that could go to opioid victims under the Mandatory Victims Restitution Act; the omission raises concerns about the fairness of the bankruptc...
Progress
48% Bias Score
£5bn SEND Deficit Threatens to Bankrupt English Councils
Years of overspending on special educational needs in England has created a £5bn deficit, threatening to bankrupt numerous councils by March 2024 unless the government intervenes; a schools white paper proposes changes to reduce eligibility for support, but councils are skeptical of its effectivenes...
£5bn SEND Deficit Threatens to Bankrupt English Councils
Years of overspending on special educational needs in England has created a £5bn deficit, threatening to bankrupt numerous councils by March 2024 unless the government intervenes; a schools white paper proposes changes to reduce eligibility for support, but councils are skeptical of its effectivenes...
Progress
60% Bias Score
Topshop to Relaunch Physical Stores in August
Topshop, a British fashion retailer, will relaunch physical stores starting in August, initially through partnerships before opening standalone locations, following a successful pop-up event and strong consumer demand.
Topshop to Relaunch Physical Stores in August
Topshop, a British fashion retailer, will relaunch physical stores starting in August, initially through partnerships before opening standalone locations, following a successful pop-up event and strong consumer demand.
Progress
40% Bias Score
BuilderAI's \$1.2 Billion AI Fraud and Subsequent Bankruptcy
London-based AI startup BuilderAI, once valued at \$1.2 billion, declared bankruptcy after it was revealed that its AI-powered chatbot, "Natasha," was actually operated by hundreds of engineers from India and Ukraine who manually assembled apps, leading to financial irregularities, inflated metrics,...
BuilderAI's \$1.2 Billion AI Fraud and Subsequent Bankruptcy
London-based AI startup BuilderAI, once valued at \$1.2 billion, declared bankruptcy after it was revealed that its AI-powered chatbot, "Natasha," was actually operated by hundreds of engineers from India and Ukraine who manually assembled apps, leading to financial irregularities, inflated metrics,...
Progress
64% Bias Score
New Orleans Archdiocese Settlement Faces Opposition Over $100 Million Shortfall
Attorneys for the bankrupt New Orleans Catholic archdiocese have proposed a $180–$230 million settlement for over 600 clergy sex abuse claims, but a large group of claimants oppose the deal, which could cause the case's dismissal if it doesn't get two-thirds approval.
New Orleans Archdiocese Settlement Faces Opposition Over $100 Million Shortfall
Attorneys for the bankrupt New Orleans Catholic archdiocese have proposed a $180–$230 million settlement for over 600 clergy sex abuse claims, but a large group of claimants oppose the deal, which could cause the case's dismissal if it doesn't get two-thirds approval.
Progress
56% Bias Score
Rite Aid Bankruptcy: Store Closures and Asset Sale to Competitors
Rite Aid, facing a second bankruptcy, is closing 142 stores and selling its pharmacy assets to CVS, Walgreens, and others, ensuring prescription transfers but raising concerns about healthcare access.
Rite Aid Bankruptcy: Store Closures and Asset Sale to Competitors
Rite Aid, facing a second bankruptcy, is closing 142 stores and selling its pharmacy assets to CVS, Walgreens, and others, ensuring prescription transfers but raising concerns about healthcare access.
Progress
48% Bias Score
Showing 1 to 12 of 155 results