Latest News for: Bankrupt companies

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Auditors failed to raise alarm before 75% of UK corporate collapses

Financial Times 20 May 2024
Three in four audit reports did not provide alerts that companies risked going bankrupt, think-tank finds ....
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New York reaches $2bn settlement with crypto lender Genesis over fraud allegations

The Guardian 20 May 2024
Letitia James announces victims fund for ‘defrauded investors’ in largest settlement the state has ...
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After Several Proposals, OSG Finally Agrees to Buyout by Saltchuk

The Maritime Executive 20 May 2024
The company is focused on the U.S. flag markets operating under the Jones Act after having spun off its international tankers after it went bankrupt in 2012 ... The company’s board said it conducted ...
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Russia to seize funds from disgraced ex-oligarchs RIA

Beijing News 20 May 2024
... International Court of Arbitration in The Hague, which ordered in 2014 that Russia had violated its international obligations by taking steps to bankrupt the massive oil company in the early 2000s.
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Russia to seize funds from disgraced ex-oligarchs – RIA

Russia Today 20 May 2024
... International Court of Arbitration in The Hague, which ordered in 2014 that Russia had violated its international obligations by taking steps to bankrupt the massive oil company in the early 2000s.
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Canceled Steward contract leads to lawsuit from military healthcare provider

Boston Herald 20 May 2024
A new lawsuit targeting Steward Healthcare has been filed by a Massachusetts military and veterans healthcare company that wants to seek a new service provider after it says it was stonewalled by the bankrupt hospital operator.
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Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity

Bitcoin 19 May 2024
Ten days ago, the FTX estate overseeing the bankrupt company’s ...
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Oil companies contaminated a family farm. The courts and regulators let the drillers walk away.

Grist 19 May 2024
In theory, cleanup is guaranteed by financial instruments called bonds that companies fund and that regulators can put toward the cost of retiring wells if drillers go bankrupt or walk away ... Once the work is completed, the company gets its bond back.
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Sam Ash Music was a South Florida staple. It’s ‘extremely painful’ to close stores, family ...

Sun Sentinel 18 May 2024
It and the Margate stores were two of the company’s best performers, David Ash said ... The company filed for ... South Florida’s Sam Ash Music stores are closing as the company goes bankrupt.
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Katie Price

The Daily Mail 17 May 2024
- Katie was declared bankrupt with debts of £3.2m from her failed company Jordan Trading Ltd, that was set up to oversee her perfume and cosmetics line ... - She was again declared bankrupt over an unpaid tax bill of £761,994.05.
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Who is Optum Health? Everything you need to know the company bidding on Steward Health Care

The Herald News 17 May 2024
... that owns Good Samaritan Medical Center in Brockton and Morton Hospital in Taunton, announced that it had plans to sell their now-bankrupt company to Optum, a division of the UnitedHealth Group.
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Mercury Insurance Expert Offers Tips to Avoid Becoming a Victim of Insurance Fraud

Jacksonville Daily News 17 May 2024
When looking at policies, verify the insurance company. Only buy from authorized companies and agents. Unauthorized insurance operations are illegal and policyholders are unprotected should the company go bankrupt ... .
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Future Forward super PAC raises eyebrows in Biden World

The Hill 17 May 2024
“It defies logic and how we have run modern presidential campaigns up to this point,” the operative said ... He made millions off companies that went bankrupt, while workers lost promised health and retirement benefits,” the narrator says in the spot.
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Pink Drainer Shuts Down After $75M Crypto Theft, Attacking 20K Victims

CoinGape 17 May 2024
Pink Drainer Shuts Down ... Earlier, in March, a phishing email scam linked to the Pink Drainer kit targeted creditors of bankrupt crypto companies, resulting in thefts amounting to at least $5 million ... Also Read ... Also Read ... ....
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