Bankruptcy

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Philadelphia university shuts without warning, leaving 1,300 students with nowhere to go: ‘It kind of just saps your motivation to do anything’
Finance

Philadelphia university shuts without warning, leaving 1,300 students with nowhere to go: ‘It kind of just saps your motivation to do anything’

By Michael Rubinkam, Maryclaire Dale and The Associated Press
June 18, 2024
Sen. Ed Markey (D-MA), Chair of the Senate Health, Education, Labor, and Pension (HELP) Committee's Subcommittee on Primary Health & Retirement Security, speaks during a news conference on the Right to Contraception Act outside the U.S. Capitol on June 5, 2024 in Washington, DC.
Health

Senator blasts ‘gross financial mismanagement’ at hospital chain that filed for bankruptcy, seeking to protect pay and benefits for 30,000 workers

By Steve LeBlanc and The Associated Press
June 17, 2024
Alex Jones
Finance

Alex Jones’ assets will be sold to pay a $1.5 billion debt to families of the Sandy Hook massacre victims

By Dave Collins, Juan Lozano and The Associated Press
June 14, 2024
Group of young people having breakfast at a common kitchen
Finance

Co-living seemed like a perfect solution to the Gen Z and millennial housing shortage—but the closure of yet another pioneer reveals an uncertain future

By
June 10, 2024
A Rite Aid storefront.
Finance

Rite Aid’s lenders won’t let it exit bankruptcy unless CEO takes a cut on $20 million payout

By Reshmi Basu and Bloomberg
June 6, 2024
Adam Neumann
Finance

Deflated ‘unicorn’ CEO Adam Neumann surrenders after judge kills his attempt to buy back WeWork

By
May 28, 2024
Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
Finance

Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers

By Ken Sweet and The Associated Press
May 23, 2024
Seafood supplier denies a role in endless-shrimp brouhaha with Red Lobster
Retail

Seafood supplier denies a role in endless-shrimp brouhaha with Red Lobster

By Jonathan Randles and Bloomberg
May 21, 2024
Red Lobster files for bankruptcy
Finance

Red Lobster files for bankruptcy

By
May 20, 2024
a bitcoin is disintegrating
The Coins

Bankrupt crypto lender Genesis gets OK to return billions in tokens and cash to creditors, meaning parent firm DCG ‘is out of the money’

By Jonathan Randles and Bloomberg
May 19, 2024
cars lined up in a cazoo showroom
Finance

British used car startup Cazoo was once worth $7 billion. It’s since lost nearly 100% of its value and is flirting with bankruptcy—what went wrong?

By
May 10, 2024
Bed Bath & Beyond storefront
Finance

Bed Bath & Beyond sues Hudson Bay, claiming hedge fund’s ‘funny math’ swiped $300 million from now-bankrupt retailer

By Miles Weiss, Eliza Ronalds-Hannon and Bloomberg
May 9, 2024
Roger Krone
Leadership

Boy Scouts no more: Organization changes name to Scouting America as it exits bankruptcy after storm of controversy

By Jamie Stengle and The Associated Press
May 7, 2024
Healthcare bankruptcy
Finance

Private equity is bankrupting American healthcare firms—literally

By Maia Anderson, Healthcare Brew and Morning Brew
May 3, 2024
people walking down a street in Birmingham
Lifestyle

Europe’s largest local authority went bankrupt over equal-pay claims worth nearly $1 billion. Turns out, it may not bleed too much money after all

By
May 3, 2024

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