Bankruptcy

FTX’s Bankruptcy Proves Going Broke Ain’t Cheap
According to a report from Bloomberg, the ongoing bankruptcy case of the collapsed cryptocurrency exchange/pseudo ponzi scheme FTX has racked ...

Red Lobster’s 36-year-old CEO started as a Goldman Sachs intern. He reveals 3 ways he’s cooking up a comeback for the seafood chain after bankruptcy
© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use ...

Troubled electric truck maker Nikola files for bankruptcy
Hydrogen electric trucking startup Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after it failed to find a buyer ...

EV startup Canoo files for bankruptcy on day of Donald Trump’s inauguration
The company had been in talks for the same kind of loan from the Biden administration that Rivian was just ...

Fugitive crypto king Do Kwon handed over to the FBI to answer for $40 billion stablecoin collapse
He had been on the run for months, fleeing South Korea and later Singapore, before his company went bankrupt in ...

Big Lots reaches deal to keep hundreds of US stores open after filing for bankruptcy
Variety Wholesalers Inc. plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots ...

Party City closing spurred by sudden drop in inventory value
The trouble surfaced when an appraisal significantly reduced the value of key asset categories supporting company borrowings. Read More

The Container Store files for bankruptcy as housing crisis cripples cash flow
The company has struggled to raise cash, and last month an agreement with the owner of Bed Bath & Beyond, ...

Party City to wind down operations, fire employees, CEO says
Should the company follow through with its plan to file bankruptcy, it would be the second time in less than ...