Tag #Bankruptcy

Showing 13 to 24 of 204 results

bbc.com
🌐 85% Global Worthiness
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SSENSE Bankruptcy Filing Amid US Tariff Pressure

Canadian luxury retailer SSENSE plans to file for bankruptcy protection, citing pressure from US tariffs on low-value parcels, the elimination of a duty-free shipping exemption, and lender actions.

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16% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 70% Global Worthiness
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Vice Media's Rise and Fall: From $6 Billion Valuation to Bankruptcy

Vice Media, once a $6 billion media empire known for its edgy journalism and cultural influence, filed for bankruptcy in 2023, highlighting the challenges of maintaining relevance and ethical standards in the rapidly changing media industry.

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36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canadian Pharmacy Chain SRx Files for Creditor Protection After Failed Expansion

SRx Health Solutions Inc., a Canadian specialty pharmacy chain, filed for creditor protection on August 12, 2025, after an aggressive, debt-fueled expansion spree, resulting in $76 million owed to creditors, despite $99.5 million in assets and $66.2 million in liabilities. The company was acquired b...

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36% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
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Spirit Airlines Faces Renewed Financial Crisis Amidst Credit Downgrades

Spirit Airlines, despite recent efforts to secure funding, reported a significant loss and faces potential default after a failed bankruptcy restructuring that did not address high lease costs and low domestic travel demand; credit agencies have downgraded the airline.

Progress

48% Bias Score

Decent Work and Economic Growth
tr.euronews.com
🌐 85% Global Worthiness
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Evergrande to be Delisted from Hong Kong Stock Exchange

Evergrande, once China's second-largest real estate company, will be delisted from the Hong Kong Stock Exchange on August 25th after a Hong Kong court ordered its winding up in January 2024 due to over \$300 billion in debt; trading had been suspended since January 2024.

Progress

48% Bias Score

Reduced Inequality
us.cnn.com
🌐 75% Global Worthiness
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Kodak Faces Potential Bankruptcy Amidst \$500 Million Debt

Eastman Kodak, facing \$500 million in debt obligations, warned investors it might not survive, prompting a stock slump and exploring measures like halting retirement pension payments to raise cash; despite inventing the first digital camera, the company's failure to adapt to the digital age led to ...

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Ssense to File for Creditor Protection Amidst Lender Dispute

High-end online retailer Ssense, valued at \$5 billion in 2021, will file for creditor protection this week, countering a rival filing by its primary lender that seeks to sell the company; the move comes amid financial difficulties and global economic uncertainty.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 65% Global Worthiness
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Glasgow Music Festival Canceled, Leaving Fans Out of Pocket

The In the City music festival in Glasgow was canceled due to low ticket sales days before the event, leaving hundreds of ticketholders out of pocket; promoter Brian Traynor is bankrupt and has a history of problematic events.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Poundland Seeks Court Approval to Avoid Collapse

Poundland, facing administration by September 7, 2025, seeks High Court approval for a rescue plan involving store closures, job cuts (around 1,350), and rent reductions to secure £90 million in funding from Gordon Brothers, following a £1 sale and struggling with a £35.7 million pre-tax loss in 202...

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44% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Texas Judge Orders Sale of Alex Jones' Infowars Assets

A Texas judge ordered the sale of Alex Jones' Infowars assets to pay over \$1 billion in judgments to Sandy Hook shooting victims' families, potentially shutting down his studio but not his broadcasts; The Onion is reportedly working to acquire the platform.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
lefigaro.fr
🌐 75% Global Worthiness
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Kodak Faces Potential Bankruptcy Due to $500 Million Debt

Eastman Kodak, founded in the 1880s, faces potential bankruptcy due to approximately $500 million in debt maturing within the next year and insufficient cash reserves of $155 million as of June 30, 2025, despite measures to cut costs.

Progress

56% Bias Score

Decent Work and Economic Growth
themoscowtimes.com
🌐 85% Global Worthiness
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High Mortgage Rates Threaten 20% of Russian Property Developers

High mortgage rates in Russia have put nearly 20% of property developers at risk of bankruptcy, with sales plummeting 26% year-on-year in the first half of 2025; this figure could reach 30% without improvement.

Progress

48% Bias Score

Sustainable Cities and Communities

Showing 13 to 24 of 204 results