Home » bankruptcy

Tag: bankruptcy

Post
With judge’s approval, liquidation of AppHarvest’s assets marches forward

With judge’s approval, liquidation of AppHarvest’s assets marches forward

A federal judge approved AppHarvest’s bankruptcy plan Thursday, allowing the company to move forward with the liquidation of its assets. The Kentucky-based company’s bankruptcy case could’ve easily ended up in a “much darker place,” said Judge David Jones of the federal bankruptcy court for the Southern District of Texas. Jones approved AppHarvest’s plan less than...

Post
Laid-off Yellow Corp. truck drivers will have tough time finding good jobs

Laid-off Yellow Corp. truck drivers will have tough time finding good jobs

(CNN) — Since Sunday, Mark Roper, a truck driver for 32 years, has been out of a job, along with 30,000 of his fellow workers at now-defunct transportation company Yellow. Roper, who turns 59 in October, said he’s not ready to retire and has already started applying for jobs elsewhere. But the kind of trucking job...

Post
‘Tip Top Tux’ closing, causing brides and grooms to panic

‘Tip Top Tux’ closing, causing brides and grooms to panic

SIOUX FALLS, S.D. (Dakota News Now) – With the chain tuxedo shop Tip Top Tux closing its doors unexpectedly, many people are frantically searching for options and answers. Katie Christie says she is experiencing this firsthand with her wedding just two and a half weeks away. “We found out from the best man’s wife. She...

Post
Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof

Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof

AMSTERDAM (AP) — Dutch bicycle maker VanMoof has been declared bankrupt, slamming the brakes on a company that won design awards for its stylish, minimalist electric bikes but struggled to meet soaring demand and fix glitches with the app powering its service. The Amsterdam-based company, started in 2009 by brothers Taco and Ties Carlier, posted...

Post
Bankruptcy Slams the Brakes on Dutch E-Bike Manufacturer VanMoof

Bankruptcy Slams the Brakes on Dutch E-Bike Manufacturer VanMoof

AMSTERDAM (AP) — Dutch bicycle maker VanMoof has been declared bankrupt, slamming the brakes on a company that won design awards for its stylish, minimalist electric bikes but struggled to meet soaring demand and fix glitches with the app powering its service. The Amsterdam-based company, started in 2009 by brothers Taco and Ties Carlier, posted...

Post
Dutch e-bike company VanMoof declared bankrupt

Dutch e-bike company VanMoof declared bankrupt

The Dutch company’s trustees will seek a third party to buy the company’s assets and continue its activities. A Dutch court has declared the independent e-bike maker VanMoof bankrupt, the company said in a statement. The trustees will try to sell the assets to a third party that wants to continue the company’s work. VanMoof...

Post
Podcast – Rising Chapter 11 Bankruptcies in Healthcare | Insights | Holland & Knight

Podcast – Rising Chapter 11 Bankruptcies in Healthcare | Insights | Holland & Knight

In our final installment of our Hospitals at a Crossroads mini-series, Holland & Knight finance and restructuring attorney Tyler Layne is joined by Claire Moylan and Jim Davis from Gibbins Advisors, a healthcare firm providing restructuring, turnaround and other financial advisory services, to discuss the increase of Chapter 11 bankruptcies in the healthcare industry. Podcast...

Post
Fashion retailer Scotch & Soda files for bankruptcy – Times of India

Fashion retailer Scotch & Soda files for bankruptcy – Times of India

The Amsterdam-based, privately held store Scotch & Soda has submitted a bankruptcy motion for its Dutch operations, according to a statement from the firm, Het Financieele Dagblad (FD) reported on Monday. Sun Capital, the company’s owner, and Scotch & Soda could not be reached for comment right away. The company statement, according to the newspaper,...

Post
Crypto-linked bank failures fuel regulation debate

Crypto-linked bank failures fuel regulation debate

The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams. Global finance was rocked by the collapse of Silicon Valley Bank last week, and the digital currency sector was hit hard by the demise of US crypto lenders...