Genesis Global Holdco, a cryptocurrency lender, declared bankruptcy late Thursday, becoming the second crypto company to do so following the collapse of FTX, the exchange founded by Sam Bankman-Fried. Genesis and a clutch of other huge loan firms enticed millions of customers a year ago with the promise of depositing their crypto holdings and earning … Read more
Party City Holdco Inc. has filed for bankruptcy, a last blow to the shop, which has failed to recover after sales fell during the epidemic. According to court filings, the company filed for Chapter 11 bankruptcy in the Southern District of Texas on Tuesday. It listed assets ranging from $1 billion to $10 billion, as … Read more
A Menomonee Falls window installer who has hundreds of dissatisfied customers has filed for Chapter 11 bankruptcy. Window Select confirmed with Contact 6 that company intends to file for bankruptcy in late January. Officials claim that Chapter 11 will allow them to reorganize while continuing to fulfill the majority, if not all, of their contracts. … Read more
Madera Community Hospital, a healthcare provider in Madera, California, with over $200 million in total patient revenue and 106 staffed beds, has filed for Chapter 11 bankruptcy and will close permanently on January 10, 2023. Madera Community Hospital has previously agreed to be acquired by Trinity Health Corporation. Trinity finally opted not to forward with … Read more
The chain lost $16.2 million in operating and net losses during the fiscal year that ended on January 29, 2022.
The report claims Alameda Research was already a sinking ship long before Bankman-Fried launched FTX.
Core Scientific, one of the largest bitcoin miners in terms of processing power, declared bankruptcy on Wednesday and agreed to renegotiate its debt with some of its lenders. As the crypto winter continues to take its toll on the industry, the company filed for Chapter 11 bankruptcy in the Southern District of Texas. According to … Read more
RemoteMD LLC, a United States offshore medical provider, has filed for bankruptcy in the United States, leaving companies here wondering how they would recover more than $100 million for services that they were subcontracted to perform for oil and gas employees. RemoteMD declared bankruptcy on October 18, 2018, and has asked the Eastern District of … Read more
Customers of defunct cryptocurrency exchange FTX filed a bankruptcy claim in California, hoping to be among the first to collect some of the billions lost in the collapse of Sam Bankman-digital-asset Fried’s business. A group of four FTX clients urged a bankruptcy judge on Tuesday to decide that their interests in the Bahamas-based exchange are … Read more
