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bankrupt

Ontario court approves sales process for Red Lobster Canada

by Anas Siddiqui
Ontario court approves sales process for Red Lobster Canada

Toronto An Ontario court has approved a sales process and stalking horse bid for Red Lobster Canada, which is operating under court protection from creditors. Court filings say move meant …

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Shanghai businessman Richard Yan declared bankrupt after New Zealand liquidators fail to track him down for hearing

by Anas Siddiqui
Shanghai businessman Richard Yan declared bankrupt after New Zealand liquidators fail to track him down for hearing

The New Zealand High Court has declared Richard Yan bankrupt after the Shanghai businessman failed to come to the negotiating table in connection with more than NZ$60.9 million (US$36.6 million) …

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How some of your favourite brands are brought back from the dead

by Anas Siddiqui
How some of your favourite brands are brought back from the dead

Cost of Living27:31Dead brands brought back to life One brand of clothing — specifically pants — has always had a special place in the closet of Alex Curry of Sexsmith, Alta., a …

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FTX founder Sam-Bankman-Fried convicted of defrauding cryptocurrency customers

by Walter Watson
FTX founder Sam-Bankman-Fried convicted of defrauding cryptocurrency customers

World A New York jury has convicted FTX founder Sam Bankman-Fried of fraud in a scheme that cheated customers and investors of at least $10 billion US. Jurors reject claim …

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Fearing all-out war, thousands flee southern Lebanon

by Walter Watson
Fearing all-out war, thousands flee southern Lebanon

Along the Lebanese-Israeli border, violence between the Israel Defence Forces (IDF) and Hezbollah militants has been steadily intensifying over the past two weeks amid fears that Lebanon will become engulfed …

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