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Category Archives: Bankruptcy

Energy and insolvency: When may an insolvent company pay a dividend? – Cms.law

BankruptcyBy EditorJanuary 14, 2026

Energy and insolvency: When may an insolvent company pay a dividend?  Cms.law Read the original article here

Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse – Reuters

BankruptcyBy EditorJanuary 14, 2026

Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse  Reuters Read the original article here

What Does the Saks Bankruptcy Mean for Shoppers? – The New York Times

BankruptcyBy EditorJanuary 14, 2026

What Does the Saks Bankruptcy Mean for Shoppers?  The New York Times Read the original article here

Fewer ramen restaurants declare bankruptcy in Japan for first time in several years

BankruptcyBy EditorJanuary 14, 2026

Annual study shows fewer ramen joints went bankrupt in 2025, but that doesn’t mean everything is fine and dandy for the industry. 2024 was a rough year for ramen restaurants in Japan, as research firm Teikoku Databank found 79 ramen restaurant bankruptcies in its annual study of the industry, the most ever since its first…

Höfner, Maker of Paul McCartney’s Violin Bass, Files for Insolvency

BankruptcyBy EditorJanuary 14, 2026

The German instrument-making company Höfner, which built Paul McCartney‘s famous violin-shaped bass, has filed for insolvency, citing US tariffs as a key factor in the decision. Relatively few details about the process have been made available to the public, but the company has filed for “provisional insolvency administration” as of December 11, and an insolvency administrator…

UK jeweller CW Sellors hits insolvency countdown after administrator notice filed

BankruptcyBy EditorJanuary 14, 2026

LONDON, Jan 13, 2026, 19:46 GMT UK media report that CW Sellors has filed a notice of intention to appoint administrators. A law firm reported the jeweller had about 190 employees in its most recent accounts. A Savills brochure revealed the group posted a pre-tax loss for the year ending April 2024. Family-owned British jeweller…

Judge blocks RBC’s bid to bankrupt assets of two construction brothers, but issues bust of company holding major Coquitlam industrial property – Penticton Herald

BankruptcyBy EditorJanuary 14, 2026

Judge blocks RBC’s bid to bankrupt assets of two construction brothers, but issues bust of company holding major Coquitlam industrial property  Penticton Herald Read the original article here

These 13 Restaurants Are Most Likely To Go Bankrupt and Close in 2026 – AOL.com

BankruptcyBy EditorJanuary 14, 2026

These 13 Restaurants Are Most Likely To Go Bankrupt and Close in 2026  AOL.com Read the original article here

Central Coast Charities Lose $526K After Donation-Collecting Company Goes Bankrupt | Local News

BankruptcyBy EditorJanuary 14, 2026

A California company that processes donations to nonprofits went bankrupt and now owes $29 million to thousands of charities across the country — including more than $500,000 to organizations on the Central Coast. Flipcause, which is now at least $10 million in debt, owes 33 individuals and organizations across San Luis Obispo, Santa Barbara and…

Central Coast charities lose $526K after donation-collecting company goes bankrupt – San Luis Obispo Tribune

BankruptcyBy EditorJanuary 14, 2026

Central Coast charities lose $526K after donation-collecting company goes bankrupt  San Luis Obispo Tribune Read the original article here

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