Rudy Giuliani’s creditors, including two former Georgia election workers who won a $148 million defamation judgment against him, are opposing his attempt to convert his bankruptcy into a liquidation, saying they’ll likely ask that the case be thrown out instead because of what they call his flouting of bankruptcy laws. The comments came Wednesday during […]
Tag: bankruptcy
Redbox owner Chicken Soup for the Soul files for Chapter 11 bankruptcy protection
NEW YORK (AP) — Chicken Soup for the Soul Entertainment (CSSE), the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection. The bankruptcy filing comes after months of a series of financial struggles for the company and piling unpaid bills. Chicken Soup for the Soul has accumulated nearly $1 billion in […]
Court hears bankruptcy petition might not proceed against former director of property fund
An application seeking to have a former director of a property development fund adjudicated bankrupt over a €1.85 million judgment debt might not proceed next month as settlement terms have been shared between the parties, the High Court has heard. Stephane Fund (56) and former Irish rugby international Brendan Mullin were co-directors of Bisvale DAC, […]
US Supreme Court blocks Purdue Pharma bankruptcy settlement
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation’s deadly opioid epidemic. The 5-4 decision reversed a lower court’s ruling that had upheld the plan to give Purdue’s […]
US Supreme Court blocks Purdue Pharma bankruptcy settlement
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation’s deadly opioid epidemic. The 5-4 decision reversed a lower court’s ruling that had upheld the plan to give Purdue’s […]
US Supreme Court blocks Purdue Pharma bankruptcy settlement
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation’s deadly opioid epidemic. The 5-4 decision reversed a lower court’s ruling that had upheld the plan to give Purdue’s […]
US supreme court blocks Purdue Pharma’s bankruptcy settlement that would shield Sacklers from lawsuits
default Conservative bloc Alito – Majority Barrett – Majority Gorsuch – Majority Kavanaugh – Minority Roberts – Minority Thomas – Majority Liberal bloc Jackson – Majority Kagan – Minority Sotomayor – Minority The US supreme court has rejected painkiller maker Purdue Pharma’s bankruptcy settlement plan that included an extraordinary measure to protect its Sackler family […]
48-store Subway operator declares bankruptcy after wrongful death suit appeal denied
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: River Sub, a Subway franchisee operating 48 stores in Texas filed for Chapter 11 on June 20, just over a week after a Texas appeals judge rejected the operator’s effort to vacate an […]
SolarEdge Technologies Stock Plunges on Customer Bankruptcy
Alex Jones’ Bankruptcy Trustee Plans To Shutter Infowars And ‘Liquidate Its Inventory’
The court-appointed trustee overseeing the liquidation of Alex Jones’ estate plans to shut down his conspiracy site Infowars and sell off its assets, according to a new filing on Monday. The trustee, Christopher Murray, filed an emergency motion with the U.S. Bankruptcy Court after the parents of a child killed in the 2012 Sandy Hook […]
Bankruptcy trustee discloses plan to shut down Alex Jones’ Infowars and liquidate assets
A U.S. bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones’ Infowars media platform and liquidate its assets to help pay the $1.5 billion in lawsuit judgments Jones owes for repeatedly calling the 2012 Sandy Hook Elementary School shooting a hoax. In an “emergency” motion filed Sunday in Houston, trustee Christopher Murray […]
How a Gen Xer went from declaring bankruptcy at 30 to being on track to retire early in her 50s
Chris Elle Dove is set to retire early, two decades after declaring bankruptcy.Chris Elle Dove Chris Elle Dove, once bankrupt, is set to retire early with over $1.5 million net worth. She transitioned from earning $50,000 a year as a professor to investing full-time. Her strategy includes living minimally, investing in real estate, and keeping […]