bankruptcy
FinanceAustrian Ex-Billionaire Benko Appeals Against Insolvency Fraud Conviction
Spirit Airlines Cancels Airbus Order in Settlement With AerCap
Russia Considers Moratorium on Bankruptcies of Indebted Metals Giants
Gac Fiat Chrysler Automobiles Joint Venture Declared Bankrupt
Swiss Solar Panel Maker Meyer Burger Files for US Chapter 11 Bankruptcy Relief
Date: June 25, 2025
ZURICH (Reuters) -Swiss company Meyer Burger has filed for voluntary Chapter 11 bankruptcy relief in the United States, the solar panel manufacturer said in a court filing on Wednesday. Meyer Burger's...
Battery Maker Northvolt Gets Indicative Bid, Bankruptcy Trustee Tells Swedish Radio
Date: June 24, 2025
COPENHAGEN (Reuters) -Northvolt's bankruptcy trustee has received an indicative bid from a foreign interested party for the company's business in Sweden, the trustee told Swedish radio on Tuesday....
Wolfspeed Nears Bankruptcy Deal With Lenders Including Apollo, Bloomberg News Reports
Date: June 18, 2025
(Reuters) -Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put the struggling chipmaker into bankruptcy, Bloomberg News reported on Wednesday,...
Bernie Madoff Customers to Recoup $498 Million, Payout Tops $15 Billion
Date: June 4, 2025
By Jonathan Stempel NEW YORK (Reuters) -Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg...
Northvolt to Wind Down Battery Making in Sweden by the End of June
Date: May 22, 2025
STOCKHOLM (Reuters) -Swedish automotive battery maker Northvolt, which declared bankruptcy in March, plans to wind down its remaining battery cell production in the Nordic country by the end of June,...
Telefonica Hires Rothschild to Help Sell Its Peru Unit, El Confidencial Reports
Date: March 6, 2025
MADRID (Reuters) -Spanish telecommunications company Telefonica has hired Rothschild to help it sell its unit in Peru that filed for bankruptcy protection last month, the El Confidencial news outlet...