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Meet The Attys Leading Creativemass’ Ch. 11

By Yun Park · April 30, 2025, 5:23 PM EDT A team of lawyers from Pashman Stein Walder Hayden PC is leading the bankruptcy case of Creativemass, the developer of a wealth management software app, as the business looks to wind down… To view the full article, register now. Read the original article here

CustomCells Files for Insolvency Proceedings for Key Operating Entities

CustomCells Files for Insolvency Proceedings for Key Operating Entities Insolvency of major customer Lilium has significant impact Business operations to continue / Employee salaries secured through June 2025 Investor process to be relaunched Kiel / Itzehoe / Tübingen, April 30, 2025 – German battery pioneer CustomCells has filed for insolvency proceedings for the group’s key operating…

Is a debt relief program worth it this May?

Many borrowers would benefit from starting the debt relief process this May. Getty Images/iStockphoto New economic considerations came to the forefront early Wednesday when the Commerce Department announced a shrinking in the gross domestic product (GDP) for the first quarter of 2025. GDP, which measures the overall value of services and products, shrank at a…

Another major Canadian retailer seeks creditor protection

Another Canadian retailer has sought creditor protection amid financial struggles. Hakim Optical, a large eyewear and optical chain with more than 140 stores across Canada, is the latest company to file for creditor protection under the Bankruptcy and Insolvency Act. But the stores may remain open. The company filed a Notice of Intention to Make…