U.S. Attorney Damian Williams for the Southern District of New York announced charges against the former head of bankrupt cryptocurrency platform Celsius Network.…
By P R Sanjai and Baiju Kalesh
Billionaire Gautam Adani is weighing a bid for the coal-fired power plants belonging to beleaguered Indian tycoon Anil Ambani that are currently being auctioned by an Indian bankruptcy court,…
The Go First bankruptcy filing lists the Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank among its creditors. File
| Photo Credit: Reuters
Lenders to India's Go First, which is under bankruptcy protection, have approved…
This concept remains the cornerstone of air travel today, but an update was made in the wake of 1978's Airline Deregulation Act. This legislation opened the field for other airlines to gain a foothold, and so Pan Am's…
Legal experts, though, say they’re skeptical of FTX’s chances. Marc Powers, adjunct professor of law at Florida International University, who acted as counsel in the liquidation of Bernie Madoff’s infamous Ponzi scheme, says that the…
Underground Cellar, a San Francisco-based company, could easily be a wine enthusiast's dream: for free, customers could buy and store up to 500 bottles in the company's "temperature-controlled CloudCellar" in Napa…
According to a report by the Insolvency Department, 16 people were declared bankrupt each day last year.
We recently covered claims that founder and chairman of Country Heights Holdings Berhad (CHHB), Tan Sri Lee Kim Yew, is bankrupt and…