NEW YORK (AP) — Rudy Giuliani filed for bankruptcy on Thursday, acknowledging severe financial strain exacerbated by his pursuit of former President Donald Trump’s lies about the 2020 election and a jury’s verdict last week requiring him to pay $148 million to two former Georgia election workers he defamed. The former New York City mayor…
Sir Bradley Wiggins has been declared bankrupt and could be forced to hand over his medals and trophies after falling into financial difficulties. The eight-time Olympic medallist was declared bankrupt at Lancaster county court on June 3, according to The Times, following years of money troubles with numerous business ventures over the years. Wiggins Rights Limited,…
record-breaking crowdfunding campaign in 2022 that raised $2.2 million from almost https://www.businessnewsaustralia.com/1,000 investors in 24 hours. Black Hops was founded by Daniel Norris, Michael McGovern and Edward Oldfield, who initially undertook a non-equity crowdfunding campaign in 20https://www.businessnewsaustralia.com/16 to help fund the company’s first taproom at Burleigh Heads. Oldfield and McGovern remain the company’s biggest shareholders…
EVERYONE has heard of people being declared bankrupt, but it’s not as simple as just having no money. In 2024, it was revealed Katie Price had gone bankrupt for the SECOND time after blowing her £45M fortune, 1 Katie Price has been declared bankrupt for a second timeCredit: Rex What is bankruptcy? Bankruptcy is a…
99 Cents Only Stores Goes Bankrupt as Inflation Keeps Biting Bloomberg Read the original article here
Insolvencies across the board are on the rise, including in fashion. Christopher Kelly speaks with insolvency firm Jirsch Sutherland to learn how business leaders can navigate the fall. Retail trade is the fourth highest sector when it comes to insolvencies. This is according to the Australian Securities and Investments Commission (ASIC) in a report that…
Amazon aggregator Thrasio files for bankruptcy Reuters Read the original article here
A15LE E battery-electric bus (Photo: Van Hool) Belgian bus OEM Van Hool has been declared bankrupt by the Commercial Court of Mechelen, a court in Belgium which deals with commercial litigation. According to media reports the company had accumulated a debt of €400 million. This was further compounded by a family inheritance dispute over shares…
The number of insolvencies has continued to rise and remains well above pre-COVID-19 levels, the latest ASIC data has revealed. ASIC’s latest insolvency figures indicate there were a total of 9,996 companies that had entered external administration or had a controller appointed at 2 June this year. The insolvency figures for the 2023–24 financial year…
SIR Bradley Wiggins is bankrupt, homeless and has “lost absolutely everything”, his lawyer says. The Olympic cyclist became the first Briton to win the Tour de France but has suffered ongoing financial difficulties with his business ventures. 4 Sir Bradley Wiggins won eight Olympic medalsCredit: Getty 4 He was declared bankrupt earlier this month after…