Bankruptcy News

• Celsius Executives Cashed Out Over $40 Million Shortly Before Bankruptcy
  
  Mashinsky, Leon, Goldstein pulled personal investments in advance of withdrawal ban.
  Forbes.  Thursday, 6 Oct 2022.
• Bankrupt crypto lender Celsius loses another top executive and co-founder, internal memo says
  
  S. Daniel Leon, co-founder and strategy chief of bankrupt crypto lending platform Celsius, has stepped down, according to an internal email.
  CNBC.  Tuesday, 4 Oct 2022.
• Warren bill would let people erase student debt in bankruptcy
  
  Senator pushes bill to revamp bankruptcy laws, including allowing borrowers to ask a court to erase their student loans.
  CBS News.  Wednesday, 28 Sep 2022.
• Elizabeth Olsen, Andy Garcia attend Banksy mural auction party in LA
  
  Jewelry designer Tarina Tarantino and her husband Alfonso Campos have been forced to sell their mid-rise art deco building after going bankrupt during the pandemic.
  Daily Mail.  Tuesday, 27 Sep 2022.
• Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried's FTX for $1.4 billion
  
  FTX, the bitcoin exchange founded by billionaire Sam Bankman-Fried, is set to buy Voyager Digital's assets after winning a bankruptcy auction.
  CNBC.  Tuesday, 27 Sep 2022.
• Inflation, Bankruptcies and Fears of Decline: Is This The Return of the Sick Man of Europe?
  
  Inflation, a likely recession and exploding energy prices: Germany is expecting tough years ahead with diminishing prosperity, a shrinking middle class and growing inequality. ...
  Spiegel Online.  Thursday, 22 Sep 2022.
• Celsius Network Plots a Comeback After a Crypto Crash
  
  The chief executive of the experimental crypto bank Celsius has told employees about an audacious plan to revive the firm, which filed for bankruptcy in July.
  New York Times.  Tuesday, 13 Sep 2022.
• Airlines put on bankruptcy alert as winter squeeze looms
  
  The next three months will be a fragile time that could usher in a string of failures if travellers facing higher household bills cut back on flying.
  Daily Mail.  Saturday, 10 Sep 2022.
• AMC CEO thanks retail investors after Regal Cinemas parent enters bankruptcy
  
  
  Yahoo.  2022-09-08T12:10:19Z.
• Regal Cinemas owner Cineworld files for Chapter 11 bankruptcy
  
  The coronavirus pandemic was "an incredibly difficult time for our business," CEO Mooky Greidinger said.
  CBS News.  Wednesday, 7 Sep 2022.
• Regal Cinemas Parent Company Cineworld Files For Bankruptcy In U.S.
  
  The company is the second-largest theater operator in the world, behind AMC.
  Forbes.  Wednesday, 7 Sep 2022.
• Cineworld files for bankruptcy protection in the US
  
  Cineworld Group has filed for bankruptcy protection in the US, as the debt-laden business seeks time to restructure.
  Sky News.  Wednesday, 7 Sep 2022.
• Knowing When to File for Bankruptcy
  
  Life doesn’t always go according to plan. You may have needed to take on debt that outgrew your ability to pay it off each month. Now you’re wondering how ...
  Entrepreneur.  Saturday, 3 Sep 2022.
• 3M's (MMM) Earplug Suits to Proceed, Averting Bankruptcy Rules
  
  The avalanche of lawsuits facing 3M (MMM) related to combat earplugs is set to move to trail as a U.S. judge denies injunction despite its subsidiary Aearo's bankruptcy case.
  Zacks.  Monday, 29 Aug 2022.
• Alex Jones Accused of Hiding Assets From Sandy Hook Families
  
  The Infowars fabulist has been funneling millions out of his empire while claiming bankruptcy, the Sandy Hook families suing him say.
  New York Times.  Thursday, 25 Aug 2022.

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