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Rudy Giuliani bankruptcy shows Trump ally drowning in debt

Rudy Giuliani’s bankruptcy filing, sparked by a multimillion-dollar judgment against him for defaming two Georgia election officials, provides new insight into the former New York mayor’s finances. In December, a federal jury in Washington, D.C. awarded Giuliani a whopping $148 million to Ruby Freeman and Shay Moss for making baseless claims that they engaged in […]

Alcatraz Tour Company Files For Bankruptcy: REPORT

The Hornblower Group, which operates Alcatraz city cruise tours, filed for bankruptcy on Wednesday following the economic disruption caused by the coronavirus pandemic. Hornblower Group says it carries an average of 1.7 million guests a year on Alcatraz cruises. Website. Alcatraz Island was once a military fortress turned into an infamous prison that housed famous […]

WeWork’s ex-CEO Adam Neumann wants to buy company out of bankruptcy

WeWork’s billionaire and disgraced founder Adam Neumann has reportedly spent the past few months trying to buy back the bankrupt co-working giant after being ousted as CEO five years ago. . The letter was written by a team of lawyers led by Quinn Emanuel’s Alex Spiro, who also represents Elon Musk and Jay-Z, and was […]

Terraform Labs files for bankruptcy amid SEC lawsuit

Terraform Labs, the company behind the failed stablecoin TerraUSD, has filed for bankruptcy in the face of lawsuits from the Securities and Exchange Commission (SEC) and Singapore. A Singapore-based cryptocurrency company filed for Chapter 11 bankruptcy protection in Delaware on Sunday. According to court documents shared with The Hill. Terraform Labs claimed between $100 million […]

Do Kwon's Terraform Labs files for Chapter 11 bankruptcy protection – Cointelegraph

Do Kwon's Terraform Labs, the developer of the now-defunct stablecoin TerraUSD (UST), has filed for bankruptcy protection in the United States. The company filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware, with estimated debts and assets between $100 million and $500 million, according to a January 21 […]

How Donald Trump bluffed his way out of bankruptcy in the 90s

Hype chief executive Donald Trump inflated his net worth to narrowly escape bankruptcy in 1990, according to sources and financial records obtained by The Post. People who have worked with him before Talks about his current $250 million civil fraud trial Apparently if he does the same thing in New York, he might be able […]

Radio and podcast company Audacy files for bankruptcy

Radio and podcast company Audacy said it had filed for Chapter 11 bankruptcy protection on Sunday, citing “macroeconomic challenges” as the reason for its restructuring. Audacy is home to hundreds of broadcast, sports and podcast programs and is one of the nation's largest radio stations. In Sunday's announcementAudacy President and CEO David Field announced that […]

Radio giant Audacy files for bankruptcy as advertising plummets

Laura Martin, Senior Media and Internet Analyst at Needham & Company, discusses Netflix's wild trading range ahead of earnings in “Making Money.” Radio giant Audacy has filed for bankruptcy protection after falling advertising revenue. The Philadelphia-based company, which oversees major podcast and radio businesses and acquired CBS Radio, filed for Chapter 11 in U.S. Bankruptcy […]

Franciscan Friars of California declare bankruptcy in wake of sex abuse lawsuits

Roman Catholic Charities of California filed for bankruptcy this week to secure “just financial compensation” for nearly 100 lawsuits related to sexual abuse allegations dating back a decade. A Franciscan order in California filed for Chapter 11 bankruptcy protection on New Year's Eve following a change in state law that allows victims to override the […]

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