A bankruptcy and insolvency court in Halifax granted Chester Basin Seafoods more time to restructure late last week in order to save its business exporting silver hake, a relative of cod. The order approved a loan …
Crypto lender Genesis Global on Tuesday sued partner Gemini Trust, seeking to recover more than $689 million that customers of the companies withdrew during a “run on the bank” that caused Genesis to collapse …
Clearing the roadblock for the lenders, the Supreme Court on Tuesday set aside the National Company Law Tribunal order that directed revaluation of assets of auto components maker Acil Ltd, …
Ross Rheingans-Yoo, an FTX charity wing employee recruited by co-founder Sam Bankman-Fried, is seeking the remaining $275,000 of his alleged 2022 salary bonus. The attorneys for Ross Rheingans-Yoo stated in …
Genesis agrees to a $33 million settlement with Three Arrows Capital, significantly less than the original $1 billion claim, amid ongoing crypto turmoil. Bankrupt crypto lender Genesis has consented to …
Bitcoin mining firm Core Scientific filed a disclosure statement for its third-amended bankruptcy recovery plan on Monday, which incorporates key terms from its Restructuring Term Sheet filed in late October. …
Celsius Network is revamping into a Bitcoin mining company, promising customer repayments and an exit from bankruptcy. Cryptocurrency lending platform Celsius Network has secured court approval to transition into a …
WeWork’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese billionaire Masayoshi Son, damaging his professional reputation far beyond the money he lost. …
WeWork, the formerly high-flying shared office space company that was once among the world’s most valuable startups, filed for bankruptcy on Monday after years of deteriorating financial performance. “To successfully …
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 …