Finance ❯ Corporate Finance

Bankruptcy

Debt Management Chapter 11 Insolvency Debt Restructuring Administration Liquidation Asset Management Insolvency Procedures Reorganization

Ex‑Rex Chair Admits Misleading Market About Airline’s 2023 Finances

His courtroom admission clears the way for ASIC to seek fines and director bans while proceedings against three other former directors continue.

Prime Trust Estate Sues Swan Bitcoin to Claw Back Nearly $1 Billion

Spirit Workers File Class Action Over Sudden Shutdown, Citing WARN Act Violations

Spirit Airlines Ceases Flights, Begins Orderly Wind-Down

Routledges Bakery Shuts After 109 Years With £779,000 Shortfall

Quiz Clothing’s 40 Stores at Risk as Administrators Detail £40m Debt

New York Archdiocese Proposes $800 Million Global Deal to Resolve 1,300 Clergy Abuse Claims

Supreme Court Opens Suo Motu Case on NCLT Delays in Insolvency Approvals

Ascend Airways Quits UK, Surrenders AOC and Returns 737 Max 8s

LK Bennett Closes All UK Stores and Shuts Website in Bankruptcy Wind-Down

Saint Augustine’s University Files for Chapter 11 Bankruptcy

Trump Administration Weighs Spirit Rescue With Up to $500 Million and 90% Equity Option

PwC Hong Kong to Pay HK$1 Billion to Evergrande Investors in SFC Settlement

Auditor-General Warns South African Airways Could Shut Within a Year

Oncoclínicas Gets 60-Day Court Shield as It Moves to Restart Cancer Treatments

Denby Pottery Enters Administration as FRP Keeps Business Trading

Galeria Kaufhof Starts Lease Talks for Eight At-Risk Stores

Alinea Ordered Into Liquidation in France, About 1,200 Jobs to Go

The Original Factory Shop Closes More Stores After Administration

Russell & Bromley Launches Up to 50% Closing Sale as Administrators Wind Down Stores