Tag #Bankruptcy

us.cnn.com
🌐 85% Global Worthiness
News related image

Judge Blocks The Onion's Bid for Infowars, Citing Auction Process Flaws

A Texas bankruptcy judge rejected The Onion's $7 million bid for Alex Jones' Infowars platform due to concerns about the auction process, stating it did not maximize value and lacked clarity, leaving the sale unresolved despite The Onion's bid being partially funded by Sandy Hook families.

Progress

36% Bias Score

Reduced Inequality
npr.org
🌐 85% Global Worthiness
News related image

Judge Rejects The Onion's Bid for Infowars

A federal bankruptcy judge rejected The Onion's bid to buy Alex Jones' Infowars, citing a flawed auction process and insufficient funds for creditors; Jones will retain control for now.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
cincodias.elpais.com
🌐 75% Global Worthiness
News related image

Duro Felguera Files for Pre-Bankruptcy Amidst \$413 Million Algerian Dispute

Duro Felguera, a Spanish engineering firm, filed for pre-bankruptcy in Gijón, Spain, on Wednesday, December 6, 2024, to negotiate a restructuring plan with creditors after an Algerian energy company, Sonelgaz, claimed \$413 million due to a suspended power plant project.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
News related image

Core Scientific's AI Supercomputer Expands in Denton, Texas, Despite Past Bankruptcy and Environmental Concerns

Core Scientific, a former bitcoin miner that filed for bankruptcy, secured a deal with Denton, Texas, to transform its 297-megawatt data center into one of North America's largest AI supercomputers, increasing its power draw by 100 megawatts, despite prior concerns about its environmental impact and...

Progress

36% Bias Score

Climate Action
milano.repubblica.it
🌐 75% Global Worthiness
News related image

Bioera Faces Judicial Liquidation, Minister Santanchè Denies Involvement

A Milan court ordered the judicial liquidation of Bioera, a bio-food company with ties to Italian Tourism Minister Daniela Santanchè, due to insufficient funds and a flawed restructuring plan; this follows a previous bankruptcy filing of a related company and may lead to legal action against former ...

Progress

40% Bias Score

abcnews.go.com
🌐 75% Global Worthiness
News related image

Enron "Relaunch" Stirs Outrage, Highlights Lasting Impact of 2001 Collapse

On the 23rd anniversary of Enron's bankruptcy, a relaunched Enron announced its return, sparking outrage among former employees who lost pensions and jobs in the 2001 collapse; however, evidence suggests this is a parody, causing a mixed reaction.

Progress

40% Bias Score

cnn.com
🌐 85% Global Worthiness
News related image

Judge Blocks The Onion's Infowars Bid, Citing Auction Process Concerns

A Texas bankruptcy judge blocked The Onion's $7 million bid to acquire Alex Jones' Infowars platform, citing concerns about the auction process which he says failed to maximize value. The bid, which included $1.75 million in cash and a credit from Sandy Hook families, was rejected due to lack of cla...

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
News related image

Judge Blocks Infowars Sale to The Onion

A US bankruptcy judge blocked the sale of Alex Jones's Infowars website to the Onion, ruling the auction process did not generate the best possible bids, despite the Onion's bid being augmented by Sandy Hook families forgoing some repayment. The judge rejected collusion claims but criticized the tru...

Progress

36% Bias Score

Peace, Justice, and Strong Institutions
npr.org
🌐 85% Global Worthiness
News related image

Infowars Sale to The Onion Hinges on Judge's Ruling Today

A federal bankruptcy judge will decide today whether to approve the sale of Alex Jones' Infowars to The Onion, after the satirical news site submitted a bid that includes a deal where the Sandy Hook families would voluntarily share their proceeds to maximize payouts for other creditors; Jones and th...

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
abcnews.go.com
🌐 85% Global Worthiness
News related image

Judge to Rule on Infowars Sale to The Onion Amid Collusion Claims

A Texas judge will rule on the sale of Alex Jones' Infowars to The Onion, despite a higher competing bid, amid allegations of collusion and fraud involving the Sandy Hook families, who pledged to forgo some proceeds to benefit other creditors.

Progress

36% Bias Score

Peace, Justice, and Strong Institutions
abcnews.go.com
🌐 75% Global Worthiness
News related image

Parody Enron Relaunch Stirs Outrage Among Former Employees

On the 23rd anniversary of Enron's bankruptcy, a company using the Enron name announced its relaunch as a parody, sparking outrage among former employees who lost pensions and jobs due to the 2001 collapse, while others view it as a comedic way to highlight past corporate malfeasance.

Progress

36% Bias Score

dailymail.co.uk
🌐 65% Global Worthiness
News related image

HMRC Files Bankruptcy Claim Against Mayfair Gallery Owner Tim Jefferies

HMRC has filed a bankruptcy claim against Tim Jefferies, a 63-year-old Mayfair gallery owner, at his west London home, following a High Court application. Jefferies, known for his high-profile relationships and successful gallery, is reportedly discussing the matter with HMRC and expects a swift res...

Progress

56% Bias Score

Reduced Inequality