The Chinese Communist Party has reportedly placed Hui Ka Yan, the billionaire chairman and founder of China’s gigantic and dangerously indebted Evergrande Group, under police surveillance, reports indicated Wednesday.
Chinese police descended upon the financial services arm of doomed property giant Evergrande on Saturday night, arresting numerous employees.
China’s Evergrande Group took a horrifying $2 billion plunge in the Hong Kong stock market on Monday morning, losing 80 percent of its share value on the first day of trading after a 17-month suspension.
Amid ongoing concerns about a crisis in the commercial real estate market, the funds that previously bailed out beleaguered office co-working startup WeWork are reportedly exploring bankruptcy options for the company.
Trucking company Yellow Corp. shut down on Sunday after 99 years, a move that has deeply affected tens of thousands of American workers.
Discount home goods store Christmas Tree Shops is reportedly going to file for bankruptcy as the economy struggles under President Joe Biden’s (D) leadership.
The media company Vice will reportedly soon file for bankruptcy despite being previously valued at $5 billion with deals at major companies.
Bankrupt cryptocurrency exchange FTX has reportedly recovered more than $7.3 billion in assets and wants to reboot its business by allowing customers to trade crypto again. Whether anyone trusts the company founded by disgraced CEO and Democrat super donor Sam Bankman-Fried is another question.
SVB Financial Group, the former parent company of the collapsed Silicon Valley Bank, filed for 11 protection on Friday in New York bankruptcy court.
Due to several factors — one being the woke pandemic — talk of “bankruptcy” is in the air at the world’s second largest theater chain.
Former Rep. Katie Hill (D-CA), who owes roughly $220,000 in attorney fees to two news outlets and two conservative journalists after an unsuccessful lawsuit in a California state court, has filed for bankruptcy, the Los Angeles Times reports.
Black Lives Matter’s newly appointed board chair, Cicely Gay, filed for Chapter 7 Bankruptcy three times, most recently in 2016, per a report.
Lebanese Deputy Prime Minister Saadeh al-Shami announced on Sunday that “the state has gone bankrupt,” along with its central bank, Banque du Liban.
Johnson & Johnson is seeking to use bankruptcy as a means to temporarily halt all lawsuits that allege plaintiffs developed cancer as a result of using the company’s baby powder products.
Senate Majority Leader Chuck Schumer (D-NY) is urging the Biden Department of Justice to investigate the NRA over alleged bankruptcy fraud.
The Boy Scouts of America (BSA) has reached a $850m settlement with some 60,000 people over claims of historic sexual abuse.
A federal bankruptcy judge dismissed the NRA’s bankruptcy chapter 11 filing on Tuesday, halting the gun right organization’s attempted move from New York to Texas.
An Italian business group had predicted that nearly 400,000 businesses could close due to the economic impact of the Chinese coronavirus and lockdown restrictions.
The number of former Boy Scouts who accuse leaders of sexual assault rose to at least 90,000 as of Monday, the deadline for filing claims.
The Times-Union reports that Remington Outdoor Company in Ilion, New York, laid off 585 workers without severance pay and made clear job-related benefits will expire at the end of this week.
Hunter Biden in 2001 got a gig with credit card coorporation MBNA when his then-senator dad pushed for bill that benefited the company.
Former Vice President Joe Biden sided with his top donor, the one-time credit card giant MBNA Corp., against consumers on bankruptcy reform during the late 1990s and early 2000s.
Chuck E. Cheese, the restaurant chain that was a hub for many children, is filing for Chapter 11 bankruptcy protection.
Allowing states to declare bankruptcy would end federalism and convert states into wards of the federal government, claimed John Baker, professor emeritus of law at Louisiana State University and Federalist Society contributor, offering his analysis on Friday’s edition of SiriusXM’s Breitbart News Daily with host Alex Marlow.
Former Vice President Joe Biden is extending an olive branch to his one time rival, Sen. Elizabeth Warren (D-MA), as establishment Democrats look to unify the party and bring the nominating contest to an early conclusion.
The McClatchy Company, the publisher of newspapers from the Miami Herald to the Kansas City Star, is filing for Chapter 11 bankruptcy.
The American consumer is thriving. But that is not helping a lot of traditional brick-and-mortar retailers.
Joe Biden’s youngest son, Hunter, has a long and muddled history of profiting from business interests tied to the former vice president’s political influence.
Bernie Sanders’ campaign hit back against the Washington Post, demanding the outlet tract its “inaccurate” fact check on Sanders’ claim that “500,000 Americans will go bankrupt this year from medical bills.”
Joe Biden sided with his top donor, the one time credit card giant MBNA Corp., over progressives like Sen. Elizabeth Warren (D-MA) on bankruptcy reform during the late 1990s and early 2000s.
Former Vice President Joe Biden’s family has earned millions of dollars since the start of his political career, often from dealings with heavy political overtones.
What was Annapurna thinking? If “Star Wars” couldn’t survive its Wokeness, what made them think people would pay money for this crap?
The Swedish municipality of Bengtsfors has petitioned the national government for aid due to massive costs incurred by taking in more migrants than the municipality could afford.
Toys “R” Us stores are coming back from the dead by the end of this year, as the retail chain plans to open a half-dozen stores in the U.S. and an e-commerce center.
New York City is headed for financial ruin and could go bankrupt for the first time in 40 years, financial experts say.
The bankruptcy of California utility giant Pacific Gas and Electric Company (PG&E) Tuesday will complicate efforts by Democrats to pursue a “Green New Deal,” which aims to move the U.S. to 100% renewable energy.
Sears is expected to request a judge for permission to liquidate its assets after a takeover offer, spearheaded by its chairman, fell through.
The Conshohocken, Pennsylvania-based retailer’s new campaign is all about diversity and non-traditional brides, including same-sex brides and those already with children, reports AdAge.
Depending on which report you read, the death of the Weekly Standard is either imminent or a tad less imminent. Either way, the anti-Trump publication founded by Bill Kristol and Fred Barnes in 1995 appears to be in desperate need of a rich savior, and any attempt to find one has thus far failed.
In a recorded company meeting, Amazon founder and CEO Jeff Bezos declared, “One day Amazon will fail. Amazon will go bankrupt.”
