bankruptcy

Justin Sullivan/Getty Images News SVB Financial Group (OTC:SIVBQ), the former parent company of failed Silicon Valley Bank, received permission from a U.S. judge on Friday to distribute its assets to its creditors and close its…

By Dietrich Knuth NEW YORK (Reuters) - SVB Financial Group, the former owner of failed Silicon Valley Bank, received permission from a U.S. judge on Friday to hand over its assets to creditors and end its bankruptcy. Its bankruptcy…

Genesis Global and its subsidiaries have begun making $4 billion in payments to creditors after completing the restructuring process. According to a statement released on August 2, crypto lending company Genesis Global I started Paying…

Marti157900/iStock Editorial via Getty Images being (NASDAQ:Connecticut) may file for Chapter 11 bankruptcy in the coming weeks, as the furniture retailer grapples with losses and years of challenges integrating rival WS Badcock, which…

Written by Brendan Pearson (Reuters) - A federal judge on Friday rejected a group of cancer victims' bid to block Johnson & Johnson from pursuing a proposed bankruptcy settlement of tens of thousands of lawsuits alleging that the…

(Reuters) - Electric vehicle startup Fisker, which filed for Chapter 11 protection earlier this week, said its U.S. units also filed for bankruptcy in a Delaware court on Wednesday. Fisker Inc (OTC:) and its other US subsidiaries said…

A group of Democratic members of Congress, led by Sen. Edward Markey of Massachusetts, is seeking reassurances that workers at hospitals owned by Steward Health Care will have access to protected health care and retirement benefits.…

Common Living, founded in Brooklyn in 2015, was one of the first companies to pioneer a new venture in residential property management: Instead of renting entire units, rooms would be rented to individuals. Utility, Wi-Fi and cleaning…

A group of creditors of the now-collapsed FTX have moved to court, objecting to the cryptocurrency exchange's bankruptcy reorganization plan, which would pay unsecured creditors the full amount of their claims, if not more.Formal…

Creditors of bankrupt cryptocurrency exchange FTX have filed an objection to the platform's proposed reorganization plan, citing its failure to meet certain requirements of the bankruptcy code. according to tweet By…