Tag: bankruptcy

Rudy Giuliani files for bankruptcy after 148m-dollar defamation lawsuit

Rudy Giuliani has filed for bankruptcy, days after being ordered to pay 148 million dollars (£116m) in a defamation lawsuit. The former New York City mayor listed nearly 153m dollars (£121m) in existing or potential debts. Those included hundreds of thousands of dollars in tax liabilities, money he owes his lawyers and many millions of […]

Scooter Company Bird Global Files Bankruptcy to Sell Itself

(Bloomberg) — Bird Global Inc., the company that put electric scooters onto the sidewalks of major cities, filed for bankruptcy with a plan to sell itself two years after raising $414 million from shareholders. Most Read from Bloomberg The Miami based company listed assets and liabilities of between $100 million and $500 million in its […]

How much debt is worth filing for bankruptcy?

The amount of debt you have may be less important than whether you can pay it back when deciding on whether to file bankruptcy.  Petar Chernaev / Getty Images If you feel like you’re drowning in debt, you may have already considered filing for bankruptcy. But bankruptcy is a big step, and if you’re going […]