Showing 61 to 72 of 119 results
Frontier's Merger Bid Rejected by Bankrupt Spirit Airlines
Frontier Airlines proposed a merger with bankrupt Spirit Airlines; however, Spirit rejected the offer, preferring its own bankruptcy restructuring plan over a deal it viewed as less valuable for shareholders.
Frontier's Merger Bid Rejected by Bankrupt Spirit Airlines
Frontier Airlines proposed a merger with bankrupt Spirit Airlines; however, Spirit rejected the offer, preferring its own bankruptcy restructuring plan over a deal it viewed as less valuable for shareholders.
Progress
40% Bias Score
Russia Faces Looming Corporate Bankruptcy Crisis
Russia faces a potential surge in corporate bankruptcies due to the Central Bank's 21% interest rate hike in October 2024, impacting various sectors, including manufacturing, transport, and retail, resulting in a potential $51 billion loss and 7.5 trillion rubles in bonds due in 2025.
Russia Faces Looming Corporate Bankruptcy Crisis
Russia faces a potential surge in corporate bankruptcies due to the Central Bank's 21% interest rate hike in October 2024, impacting various sectors, including manufacturing, transport, and retail, resulting in a potential $51 billion loss and 7.5 trillion rubles in bonds due in 2025.
Progress
36% Bias Score
Varta Restructuring Approved, Shareholders Lose Investments
A German court approved Varta's restructuring plan under the StaRUG act, resulting in the loss of all investments for roughly 200,000 shareholders, while securing €100 million in fresh capital for the company to avoid bankruptcy.
Varta Restructuring Approved, Shareholders Lose Investments
A German court approved Varta's restructuring plan under the StaRUG act, resulting in the loss of all investments for roughly 200,000 shareholders, while securing €100 million in fresh capital for the company to avoid bankruptcy.
Progress
36% Bias Score
Equal Pay Claims Threaten Dozens of UK Councils with Bankruptcy
The GMB union predicts that up to six more UK councils will face multimillion-pound equal pay settlements this year, following Birmingham City Council's bankruptcy declaration due to a £760 million equal pay claim, highlighting a systemic issue of sex discrimination in local authorities.
Equal Pay Claims Threaten Dozens of UK Councils with Bankruptcy
The GMB union predicts that up to six more UK councils will face multimillion-pound equal pay settlements this year, following Birmingham City Council's bankruptcy declaration due to a £760 million equal pay claim, highlighting a systemic issue of sex discrimination in local authorities.
Progress
56% Bias Score
Blokker Franchisees Thrive After Chain Collapse
Following the collapse of Blokker, 41 franchisees continued operations, independently managing supplies and establishing a new cash system, securing 206 containers of house-brand products, resulting in a more autonomous franchise model and creating both opportunities and challenges for the new owner...
Blokker Franchisees Thrive After Chain Collapse
Following the collapse of Blokker, 41 franchisees continued operations, independently managing supplies and establishing a new cash system, securing 206 containers of house-brand products, resulting in a more autonomous franchise model and creating both opportunities and challenges for the new owner...
Progress
40% Bias Score
Bankrupt Russian Media Mogul Vladimir Gusinsky Owes Over \$7 Million
Former Russian media magnate Vladimir Gusinsky, once worth \$400 million, declared bankruptcy in a Connecticut court on January 1, 2025, owing over \$7 million to more than 10 creditors, including Alexander Zheleznyak and Leonid Nevzlin, with assets under \$6 million.
Bankrupt Russian Media Mogul Vladimir Gusinsky Owes Over \$7 Million
Former Russian media magnate Vladimir Gusinsky, once worth \$400 million, declared bankruptcy in a Connecticut court on January 1, 2025, owing over \$7 million to more than 10 creditors, including Alexander Zheleznyak and Leonid Nevzlin, with assets under \$6 million.
Progress
40% Bias Score
Austrian Tycoon Benko Arrested on Financial Crime Charges
Austrian real estate magnate René Benko, facing €2.4 billion in creditor claims following his March 2024 bankruptcy, was arrested on Thursday for suspected financial crimes including asset concealment and deception of investors, highlighting the collapse of his Signa Group and raising questions abou...
Austrian Tycoon Benko Arrested on Financial Crime Charges
Austrian real estate magnate René Benko, facing €2.4 billion in creditor claims following his March 2024 bankruptcy, was arrested on Thursday for suspected financial crimes including asset concealment and deception of investors, highlighting the collapse of his Signa Group and raising questions abou...
Progress
64% Bias Score
Northvolt Seeks $1.29 Billion to Avoid Collapse
Facing bankruptcy, Swedish battery maker Northvolt requested $1.29 billion from over 100 shareholders to survive until 2027, highlighting Europe's struggle to compete with Asian rivals in the EV battery market.
Northvolt Seeks $1.29 Billion to Avoid Collapse
Facing bankruptcy, Swedish battery maker Northvolt requested $1.29 billion from over 100 shareholders to survive until 2027, highlighting Europe's struggle to compete with Asian rivals in the EV battery market.
Progress
40% Bias Score
Austrian Tycoon Arrested in Europe's Largest Corporate Bankruptcy
Austrian real estate magnate René Benko was arrested on Thursday for alleged fraud and false accounting related to the bankruptcy of his Signa Group, which is considered Europe's largest corporate failure, involving €30 billion in debt and investigations in four European countries.
Austrian Tycoon Arrested in Europe's Largest Corporate Bankruptcy
Austrian real estate magnate René Benko was arrested on Thursday for alleged fraud and false accounting related to the bankruptcy of his Signa Group, which is considered Europe's largest corporate failure, involving €30 billion in debt and investigations in four European countries.
Progress
60% Bias Score
Blokker Franchisees Thrive Amidst Parent Company Collapse
Following the collapse of the Blokker chain, 41 franchise stores remain, securing their own suppliers, expanding, and leveraging a deal for access to stranded Blokker own-brand products in the Rotterdam harbor, while awaiting further direction from the new owner, Roland Palmer, who is set to define ...
Blokker Franchisees Thrive Amidst Parent Company Collapse
Following the collapse of the Blokker chain, 41 franchise stores remain, securing their own suppliers, expanding, and leveraging a deal for access to stranded Blokker own-brand products in the Rotterdam harbor, while awaiting further direction from the new owner, Roland Palmer, who is set to define ...
Progress
48% Bias Score
Sur Holdings Acquires Wom Colombia, Averts Bankruptcy
Sur Holdings acquired Wom Colombia, rescuing the mobile phone company from bankruptcy and securing the jobs of over 2,000 employees; the deal, finalized late last year, followed months of financial distress and involved the Colombian government as a major creditor.
Sur Holdings Acquires Wom Colombia, Averts Bankruptcy
Sur Holdings acquired Wom Colombia, rescuing the mobile phone company from bankruptcy and securing the jobs of over 2,000 employees; the deal, finalized late last year, followed months of financial distress and involved the Colombian government as a major creditor.
Progress
40% Bias Score
Infowars Acquisition Bid Doubles to $7 Million
First United American Companies offered $7 million to buy Alex Jones' Infowars platform, more than doubling its previous bid, after a judge voided an auction that awarded the platform to The Onion; proceeds will primarily compensate Sandy Hook shooting victims' families.
Infowars Acquisition Bid Doubles to $7 Million
First United American Companies offered $7 million to buy Alex Jones' Infowars platform, more than doubling its previous bid, after a judge voided an auction that awarded the platform to The Onion; proceeds will primarily compensate Sandy Hook shooting victims' families.
Progress
36% Bias Score
Showing 61 to 72 of 119 results