Friday, June 14, 2024

Tag: Bankruptcy

China's Evergrande Group, previously the second-largest property developer in the country, declared bankruptcy in New York on Thursday. The company faced significant financial troubles and defaulted on its debt...
According to data collected by Bloomberg, there were 70 major bankruptcies in just 4 months this year, surpassed only by the years 2009 and 2020. For 2009 there were...
According to a statement published by the official Changjiang Daily newspaper on Friday, Wuhan City's finance bureau announced that a total of 259 companies owed it more than 100 million yuan ($14 million) combined, leading it to...
According to figures compiled by bankruptcydata.com, US corporations are filing for bankruptcy at the fastest pace since 2010. As per the data, twenty-seven large debtors have filed for bankruptcy. One would not know it...
According to data provided by PitchBook, here is a list of the biggest startup bankruptcies of all time. Vice Media has filed for bankruptcy, despite having raised over $1.6 billion from venture capitalists. The...
When the United States goes bankrupt, one consequence would be the loss of the US dollar as the global reserve currency, leading to the return of dollars held in many national reserve banks back to the US.
"Go First" has filed for bankruptcy with the National Company Law Tribunal in Delhi. Billionaire Nusli Wadia is blaming US engine maker Pratt & Whitney for the situation. Go Airlines, founded by billionaire Nusli...
According to reports, Vice Media is preparing to file for bankruptcy after struggling to find a buyer. Vice Media Group, the swashbuckling, youth-skewing digital media brand, is preparing to file for bankruptcy.