Ousted WeWork co-founder bids to buy company: Reports
Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday.
Mar 26, 2024
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Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday.
Mar 26, 2024
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South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking bankruptcy protection in the United States, according to court documents filed Sunday.
Jan 22, 2024
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Bally Sports and parent company Diamond Sports Group have announced a restructuring of their debt that would allow the organization to emerge from bankruptcy and could make it easier for fans of the Texas Rangers, Dallas ...
Jan 18, 2024
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US electric scooter rental company Bird announced Wednesday that it filed for bankruptcy protection as the once-hot startup reorganizes itself.
Dec 20, 2023
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Shares in troubled Chinese property giant Evergrande plummeted about 80 percent in Hong Kong on Monday after the lifting of a 17-month trading suspension.
Aug 28, 2023
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Electric bus and truck maker Proterra says it is seeking Chapter 11 bankruptcy protection from a federal court in Delaware.
Aug 9, 2023
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Dutch electric bicycle maker VanMoof has been declared bankrupt, prompting the company to cease sales on Tuesday and angering customers who sought to file charges over the shop's failure to return broken bikes.
Jul 18, 2023
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Vice Media, once the darling of the digital news media world, said Monday it had filed for Chapter 11 bankruptcy protection to facilitate its sale.
May 15, 2023
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West Virginia's governor on Friday signed a bill that gives $105 million in state funding for a renewable energy battery plant in a former steel town.
Feb 25, 2023
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Elon Musk says Twitter Inc. is "trending to breakeven" after he had to save it from "bankruptcy."
Feb 6, 2023
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Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization).
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