The plan is built on a series of settlements with FTX customers and creditors, US government agencies, and liquidators appointed to wind down FTX's operations outside the US. The settlements ...

Many companies use this form of protection to reorganize and start fresh, but for Fisker, this is only a preliminary step toward Chapter 7 (liquidation). The company has already begun liquidating ...

U.S. Bankruptcy Judge John Dorsey approved the wind-down plan at a court hearing in Wilmington, Delaware. The plan is built on a series of settlements with FTX customers and creditors, U.S. government ...

The company recently reached a settlement plan with its creditors on how that liquidation will go, but the SEC on Friday filed an objection to the plan. The commission said it’s concerned there ...

Without an explanation, an online video said a liquidation sale begins Thursday, Oct. 3, at 10 a.m. at its stores at 3430 E. 36th St. and 3750 W. Orange Grove Road. Inventory will be discounted up ...

The unnerving amount of debt in an Australian company has been revealed, with allegations it traded while being tens of millions in the red. Earlier this year, news.com.au reported that Bonza had ...

Xia Haijun, the former CEO of China Evergrande Group, has been thrust back into the limelight as liquidators of the defaulted developer try to claw back money to repay creditors. This week brought ...

A High Court judge has appointed provisional liquidators to a recruitment company employing 290 people. Most of the employees of ECS Recruitment Ltd work for customers as agency staff and the plan ...

The club discussed its predicament with the SPFL last month while meetings have also taken place with adminstators BDO, the same company that handled the liquidation of Rangers in 2012.

Long positions were predominantly affected, with $451 million liquidated, while short positions saw more than $71 million erased. This market volatility resulted in the liquidation of 154,011 traders, ...

Kelera Nayacakalou found to have sub-contracted insolvency work out to a person whose application to be a licensed practitioner had been declined. A liquidator who gave insolvency work to an ...

“This is an important milestone in the liquidation of Hin Leong, and is a victory that belongs to (its) creditors,” said liquidator Goh Thien Phong. In the judgment reached by both ...