Katie Price has arrived at the Royal Courts of Justice in London for a hearing related to her bankruptcies following her arrest at Heathrow Airport. The former glamour model arrived on foot through the main entrance wearing a beige outfit and black head covering on Friday, surrounded by photographers, ahead of a hearing due to…
62 new US corporate bankruptcy filings in May; consumer sector filings rise S&P Global Read the original article here
A father-of-three who was pulled from the water after going overboard a cruise ship last week has been identified, with his brother claiming he had racked up a $4000 casino debt on board. P&O’s Pacific Adventure was due to dock in Sydney Harbour at 6am on Monday, May 6 at the end of a three-day…
The rapid surge that put construction industry insolvencies up more than one-third on their total last year is set to ease, Commonwealth Bank of Australia’s business banking head says. Australia’s largest bank watched the Australian Securities and Investments Commission’s insolvency statistics “very closely”, Mike Vacy-Lyle said. These showed property businesses were suffering from rising labour…
Fisker heads toward liquidation as creditors fight over assets Reuters Read the original article here
It’s the middle of August, which means back-to-school time for millions of Americans. It also may be a time of year that reminds people about the college loans they have to pay back. President Joe Biden and Vice President Kamala Harris want you to know they’re on the case, even though they are well aware the…
MILAN — La Perla’s financial troubles have reached a tipping point. According to media reports, a Bologna, Italy, court declared the state of insolvency Thursday, with judge Michele Atzori naming a trifecta of court commissioners tasked with leading the Italian subsidiary La Perla Manufacturing Srl out of the quagmire. This marks the exit of the brand’s…
The future of Regional Express Airlines, or REX, is literally up in the air with the financially troubled carrier going into voluntary administration overnight. A notice posted on the airline’s website says all regional planes are still flying as scheduled, but jet services between capital cities have been cancelled. REX is still taking bookings in…
Topline Los Angeles Dodger star Shohei Ohtani told reporters Monday his former interpreter, Ippei Mizuhara, had stolen money from his bank account and “told lies,” distancing himself from Mizuhara and denying that he knowingly covered Mizuhara’s gambling losses in his first public comments on the matter—as the interpreter faces investigations after allegedly using Ohtani’s money…
How One of the World’s Oldest Hedge Funds Went Bankrupt Bloomberg Read the original article here