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Category Archives: Bankruptcy

Inside Ekati’s insolvency: Here’s the full scale of the problem

BankruptcyBy EditorMay 4, 2026

Advertisement. The Ekati diamond mine has liabilities of more than half a billion dollars, has shed hundreds of jobs and no longer has any cash to pay remaining workers. That’s the position taken by bosses at Burgundy, the mine’s owner, in court filings this week that declare the mine to be insolvent. Burgundy is preparing…

Spirit Airlines goes bankrupt as the Iran war drives up oil prices | DW News – Modern Ghana

BankruptcyBy EditorMay 4, 2026

Spirit Airlines goes bankrupt as the Iran war drives up oil prices | DW News  Modern Ghana Read the original article here

Kitchens firm in business since 2005 with base in Yorkshire shuts immediately – MSN

BankruptcyBy EditorMay 3, 2026

Kitchens firm in business since 2005 with base in Yorkshire shuts immediately  MSN Read the original article here

Kitchens firm in business since 2005 with base in Yorkshire shuts ‘immediately’

BankruptcyBy EditorMay 3, 2026

The UK kitchen appliance firm has ceased trading with immediate effect and issued an urgent statement to all customers Robert Rowlands Deputy editor, money and lifestyle hub 13:28, 03 May 2026Updated 13:31, 03 May 2026 The firm had been in business since 2005(Image: Jacobs Stock Photography Ltd via Getty Images) A kitchen appliance business with…

Major UK delivery company plunges into liquidation – in business for 14 years – MSN

BankruptcyBy EditorMay 3, 2026

Major UK delivery company plunges into liquidation – in business for 14 years  MSN Read the original article here

Spirit Airlines says it is going out of business after 34 years

BankruptcyBy EditorMay 3, 2026

WEST PALM BEACH, Fla. (AP) — Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years. The ultralow cost airline that once operated hundreds of daily flights on its bright yellow planes and employed about 17,000…

Joey Fatone nearly went bankrupt after NSYNC — here’s how he rebuilt his life

BankruptcyBy EditorMay 3, 2026

In 2000, NSYNC dropped their biggest album, No Strings Attached — a 12-times platinum juggernaut that made history with first week sales of 2.4 million copies. (1) But over the ensuing decade, NSYNC member Joey Fatone learned the hard way that fame does, in fact, come with strings attached — and fortunes fade fast when…

78-year-old furniture company stops production, plans bankruptcy

BankruptcyBy EditorMay 3, 2026

Declining furniture sales, following a multi-year housing slump and rising product and labor costs driven by inflation and higher tariffs, have been blamed for a reduction in furniture company sales and profits over the last year. The trend carried over from 2025 into this year as furniture and home furnishings sales have fallen for three straight months…

UK kitchens firm ceases trading immediately – in business since 2005 – MSN

BankruptcyBy EditorMay 3, 2026

UK kitchens firm ceases trading immediately – in business since 2005  MSN Read the original article here

Raama Paper Mills Limited: Committee of Creditors Approves Resolution Plan – scanx.trade

BankruptcyBy EditorMay 3, 2026

Raama Paper Mills Limited: Committee of Creditors Approves Resolution Plan  scanx.trade Read the original article here

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