Bankruptcy

Poverty, Hopelessness Beget Violence In Tunisia's Suburbs

Protests have swept towns and cities throughout Tunisia for a week, often turning violent as demonstrators denounce what they say are broken promises from the government, which hasn't been able to turn around an economy on the verge of...
Related topics: Tunisia, Protests

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Opinion Analysis: A Narrow Win For Creditors

On Thursday, the Supreme Court’s opinion in City of Chicago v. Fulton clarified that creditors do not violate the Bankruptcy Code’s automatic stay if they passively retain a debtor’s property after the debtor files for bankruptcy protection....

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Trump Is About To Enter The Worst Days Of His Business Career: Report

Stories of President Donald Trump's final days before his casino filed for bankruptcy include an image of him agonizing over fabric swatches while he was hemorrhaging money. It's remarkably similar to the final days of his presidency. While his...
Related topics: Donald Trump

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Christopher & Banks Store Closing Sales: All Locations Liquidating After Retailer Files For...

Christopher and Banks filed for Chapter 11 bankruptcy protection and says it will close all stores amid COVID-19. Liquidation sales have begun.       
Related topics: Banking

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Amc Soars 37% After Issuing $100 Million In Debt To Stave Off Bankruptcy

An open AMC theater in Linden, NJ is seen on January 8, 2021. Kirsten Acuna/Insider AMC soared as much as 37% on Tuesday after revealing it raised $100 million in a new debt offering.The theater chain issued new debt due in 2026 at a hefty interest...

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Msnbc Jackals Mock Nra Over Bankruptcy, Smear On Mass Shootings

On Sunday's American Voices show, MSNBC weekend anchor Alicia Menendez devoted a segment to gloating over the NRA's decision to file for bankruptcy in response to being targeted by New York Democratic Attorney General Letitia James. Menendez -- who...
Related topics: MSNBC

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Investors Beware! These Energy Stocks Could Go Bankrupt In 2021

Oil demand cratered last year because of the COVID-19 outbreak. The pandemic caused crude prices to plummet, wreaking havoc on the oil industry. The downturn unleashed a wave of bankruptcies across the oil patch, as financially struggling companies...

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'from Moral Bankruptcy To Actual Bankruptcy': Critics Mock The Nra

The National Rifle Association on Friday announced that it was declaring bankruptcy. The NRA is incorporated in New York, and the state's attorney general, Letitia James is seeking to dissolve the group. In response, the NRA is trying to restructure...

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National Rifle Association Files For Bankruptcy As Part Of Restructuring

The National Rifle Association on Friday filed petitions with a U.S. Bankruptcy Court seeking protection from creditors by restructuring, the gun rights advocacy group announced. The NRA filed the Chapter 11 petitions in U.S. Bankruptcy Court in...
Related topics: Petitions

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N.r.a. Declares Bankruptcy And Seeks To Exit New York

The group, which said it planned to reincorporate in Texas, is currently being investigated by New York’s attorney general, who is seeking to dissolve it.

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Nra Files For Bankruptcy

“The National Rifle Association said Friday that it has filed for bankruptcy in U.S. court as part of a larger restructuring plan aimed at removing its footprint in New York for Texas,” CNBC reports. “The gun-rights advocacy group...
Related topics: Cnbc

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Dissecting The Increase In Chapter 11 Filings

I just finished teaching an intensive one-week course at Cardozo School of Law designed to introduce students broadly to bankruptcy and reorganization. The course covered debt collection, consumer bankruptcy, large public-company reorganization,...

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National Rifle Association Ridiculed For Bankruptcy Filing: ‘we Already Knew The Nra Was...

The National Rifle Association on Friday announced that it was declaring bankruptcy. The NRA is incorporated in New York, and the state's attorney general, Letitia James is seeking to dissolve the group. In response, the NRA is trying to restructure...

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Adding Up The Business Losses In Hawaii

Opinion: Bankruptcies declined in the Islands in 2020, but that doesn't tell the story of what's happening. The businesses we're losing, and will continue to lose, skip that step entirely and simply close.

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Pay Yo Bills: Deceased Cat Boiler Azealia Banks Reportedly Loses Home In Bankruptcy Foreclosure

Azealia and her wild, wild life. Source: Jim Dyson / Getty Amid news of Azealia Banks disturbing folks on social media by boiling the skull of her dead cat, reports have surfaced about the “bankruptcy sale” of her California home have...
Related topics: Azealia Banks, Banking, Social Media

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Oneweb Picks Up $1.4b More From Softbank And Hughes To Help Fund Its First Satellite Fleet

After a troubled year that saw broadband satellite operator OneWeb file for bankruptcy, get rescue finance from the UK government and Bharti, and then emerge out of that with a launch of part of its fleet last month, the London-based company today...
Related topics: United Kingdom, London

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Christopher & Banks Files For Bankruptcy, Could Close All Stores

Christopher & Banks Files For Bankruptcy, Could Close All Stores By Ben Unglesbee of Retail Dive Summary: Christopher & Banks filed for Chapter 11 bankruptcy Thursday after protracted demand declines among its customer base in 2020...
Related topics: Banking

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Swinerton, Webcor Quit Sf's Oceanwide Center As Buyers Eye Imperiled Project

If a deal can't be consummated, bankruptcy and foreclosure loom.

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The End Of The Republican Party

Kevin Williamson in the National Review: “Like its financial counterpart, moral bankruptcy happens two ways: gradually, then suddenly. In 2016, I wrote that the likely outcome of a Trump presidency would be the end of the Republican Party as...

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Barcelona At Further Risk Of Bankruptcy As It’s Revealed That Half A Billion Euros Of Debt Needs...

The mess that Josep Maria Bartomeu has left Barcelona in is slowly but surely coming to light. The former president, who resigned last year rather than be pushed out by what appeared to be a... Click Story Headline Above To Read/Watch/Comment the...

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