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 ...
Tag: Bankruptcy
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 ...
Troubled electric vehicle maker Fisker files for bankruptcy
ELECTRIC vehicle (EV) startup Fisker has filed for bankruptcy after discussions with a major automaker about an investment ended without ...
EV maker Fisker files for bankruptcy after its glitchy SUV flops
FISKER filed for bankruptcy on Monday (Jun 17), months after the electric-vehicle startup stopped production of its only model, the ...
Crypto lender Genesis to return US$3 billion to customers in bankruptcy wind-down
CRYPTO lender Genesis Global received court approval on Friday to return about US$3 billion in cash and cryptocurrency to its ...
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