bankruptcy
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Business
Alex Jones to liquidate assets to pay off $1.5B Sandy Hook judgment
Alex Jones will liquidate his assets to help pay off a $1.5 billion defamation judgment against him after he was…
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Business
Red Lobster scrambling to keep Times Square location open: sources
Red Lobster is scrambling to stay open in Times Square — but the bankrupt seafood chain has just a few…
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Business
Red Lobster hired auction company ‘very recently’ before shutting 50 restaurants, may file for bankruptcy next week: sources
Red Lobster hired a liquidation company on short notice before unexpectedly closing dozens of locations this week — and is…
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Business
Red Lobster abruptly closes at least 50 restaurants — including 14 in NY, NJ
Red Lobster abruptly closed the doors of at least 50 restaurants nationwide on Monday —including a dozen in New York…
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Business
Sam Bankman-Fried says rice is ‘one of the currencies’ behind bars
Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice. The disgraced FTX founder…
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Business
WeWork rejects Adam Neumann’s $650M bid, reaches bankruptcy deal with creditors
Shared office space provider WeWork announced on Monday a settlement with its junior creditors and a new cash infusion from…
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Business
Rite Aid to close 53 more stores across 9 states amid bankruptcy proceedings
Rite Aid is shuttering 53 additional stores in nine states across the US as part of the company’s bankruptcy proceedings,…
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Business
George Soros fund wades further into radio
Soros Fund Management, founded by billionaire investor George Soros, is tightening its grip over the US radio industry after scooping…
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Business
WeWork targets Chapter 11 exit by May 31, secures $8 billion in rent reduction
WeWork said on Tuesday it aimed to emerge from Chapter 11 bankruptcy in the U.S. and Canada by May 31…
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Stories
Rudy Giuliani needs Florida condo for podcasting, shouldn’t have to sell
Rudy Giuliani says he shouldn’t be forced to sell his $3.5 million Florida condo in a bankruptcy case — because…
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