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bankruptcy

Coronavirus, OJ Simpson, fraud: How Hertz went bust after 102 years

Sunday, 24 May 2020

The short version of Hertz Global Holdings Inc.’s bankruptcy story goes something like this: global ......

Forever 21 fashion chain files for Chapter 11 bankruptcy

Monday, 30 September 2019

Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim to ......

Thomas Cook has approached UK government for bailout funds: Report

Saturday, 21 September 2019

Britain’s Thomas Cook Group Plc has approached the UK government for a bailout in an attempt ......

Jet Airways lenders to go to bankruptcy court

Monday, 17 June 2019

Lenders to crippled Jet Airways said Monday they would start bankruptcy court proceedings after ......

Third-biggest US coal company files for bankruptcy

Saturday, 11 May 2019

The US’s third-largest coal company by production volume filed for bankruptcy Friday as ......

Hariri says Lebanon far from bankruptcy, cites risks of no reform

Monday, 06 May 2019

Prime Minister Saad al-Hariri said on Monday Lebanon was far from bankruptcy but failure to pass a ......

Saudi court approves detained tycoon Sanea’s bankruptcy filing

Sunday, 10 March 2019

A Saudi court has approved an application by detained and indebted billionaire Maan al-Sanea and his ......

Payless ShoeSource to shutter all of its remaining US stores

Saturday, 16 February 2019

Payless ShoeSource is shuttering all of its 2,100 remaining stores in the US and Puerto Rico, ......

Saudi Arabia: Bankruptcy law to take effect in August

Thursday, 12 July 2018

The bankruptcy law will come into effect on August 18, said an official in the Saudi Ministry of ......

Cambridge Analytica files for voluntary bankruptcy in US

Friday, 18 May 2018

Cambridge Analytica, the firm at the center of this year's Facebook privacy row, filed for voluntary ......

Toys ‘R’ Us to close all US stores as electronic gadgets move to the forefront

Thursday, 15 March 2018

Toys ‘R’ Us Inc, the iconic toy retailer, is shuttering its 735 US stores after failing ......

Report: Saudi Arabia’s cabinet approves bankruptcy law

Sunday, 18 February 2018

Saudi Arabia’s cabinet has approved a bankruptcy law, sources familiar with the matter said on ......

South Korea’s Hanjin Shipping declared bankrupt

Friday, 17 February 2017

The axe finally fell on South Korea’s once-mighty Hanjin Shipping on Friday as a Seoul court ......

Egyptian importers face bankruptcy after currency float

Saturday, 07 January 2017

Mohsen al-Gedamy has run a successful business for the past seven years importing beans, a staple ......

Egypt approves bankruptcy law to spur investment

Wednesday, 04 January 2017

The Egyptian cabinet approved on Wednesday the country’s first bankruptcy law, Justice ......

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