Going for broke: Will Hin Leong’s creditors get their money back if OK Lim and his children declare bankruptcy?
EMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil tycoon better known as OK Lim – ...
Tag: Bankruptcy
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
TERRAFORM Labs received court approval on Thursday (Sep 19) to wind down its operations in bankruptcy after agreeing to settle ...
Tupperware files for bankruptcy as its colourful containers lose relevance
TUPPERWARE Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday (Sep 17), giving in to ...
Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings
US discount home goods retailer Big Lots said on Monday (Sep 9) it has secured US$707.5 million to support its ...
Former manufacturing giant SunPower files for bankruptcy
SUNPOWER has filed for bankruptcy in Delaware and plans to wind down operations, ending the decades-long run of the once-venerated ...
SVB bankruptcy plan approved, but US$2 billion FDIC fight lingers
A JUDGE approved SVB Financial Group’s restructuring deal but dealt the company a setback in its fight with federal regulators ...
Silicon Valley Bank’s former owner gains approval to end bankruptcy
SVB Financial Group, the former owner of failed Silicon Valley Bank (SVB), received a US judge’s permission on Friday (Aug ...
Chinese solar firm forced into bankruptcy as supply glut bites
MORE Chinese solar manufacturers are falling into restructuring or bankruptcy, with a deepening oversupply and fierce price wars causing massive ...
China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units
SHARES of China Evergrande New Energy Vehicle fell 7 per cent in Monday (Jul 29) morning trade after individual creditors ...
US Supreme Court blocks Purdue Pharma bankruptcy settlement
THE US Supreme Court on Thursday (Jun 27) blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its ...
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