(Bloomberg) — Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization after delaying a request for some parts of a financing package questioned by a federal bankruptcy watchdog. The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be…
Katie Price faces a wait to see whether more of her income will go directly towards paying off money owed under her two bankruptcies. The former glamour model was declared bankrupt in November 2019 and again in March last year, and the bankruptcies have since been discharged. However, Price, who did not attend the hearing…
Ozempic and other drugs like it have been threatening the established diet industry since they premiered — and it appears that Weight Watchers is now getting the hatchet. In a note to investors, the long-running weight loss company is taking the “strategic action” of filing for bankruptcy in hopes of consolidating its immense $1.15 billion…
Tash kisses passport goodbye as she declares bankruptcy The West Australian Read the original article here
BIOMILQ—a startup culturing mammary cells to produce bioactives found in breastmilk—has filed for bankruptcy amid a protracted IP dispute with the ex-husband of one of the cofounders that she says rendered the firm “uninvestable and unacquirable.” Founded in 2020 by cell biologist Dr. Leila Strickland and food scientist Michelle Egger, North Carolina-based BIOMILQ originally planned…
Since March 2025, the focus of the news release on bankruptcies has been on the change compared to the previous year and on the bankruptcy rate. This is the number of declared bankruptcies per 100 thousand businesses. The bankruptcy rate provides a clearer picture of the change in the number of bankruptcies in the Netherlands.…
Across the U.S., 40 dioceses and religious orders have declared bankruptcy. The first was the Archdiocese of Portland, Oregon, in 2004. The most recent was the Diocese of Burlington, Vermont, in late September 2024. The cases vary, but they have one thing in common: The day the diocese filed its petition for bankruptcy is a…
Iconic Jumbo Stay 747 hotel at Stockholm Arlanda declares bankruptcy, may be sold for scrap Aviation24.be Read the original article here
Telecompaper We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry. tp:news tp:research tp:events Read the original article here
Press Release, 12 June 2025 LeddarTech® Holdings Inc. recently announced that, as a result of the cessation of the Company’s discussions with a significant potential commercial counterpart and in light of the Company’s current financial position, the Company has laid off most of its employees and will no longer be calling back any employees that were previously…