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Insolvency

Big Lots files for bankruptcy and agrees to be acquired by private equity firm

Big Lots closes more than 300 stores, including Philadelphia-area stores Big Lots closes more than 300 stores, including Philadelphia-area stores 00:28 Big Lots announced on Monday that it had filed for Chapter 11 bankruptcy to pay off its debts. The…

Big Lots is closing over 300 stores. Will stores in Iowa also close?

Discounter Big Lots files for bankruptcy The discounter Big Lots has filed for bankruptcy under the US Chapter 11 procedure, citing high inflation and high interest rates as the reason. Straight Arrow News Big Lots announced the closure of hundreds…

St. Louis-based Urban Chestnut Brewery Announces Bankruptcy

To be allowed to serve beer in Missouri, like here at Urban Chestnut, you have to complete a course. David Carson, Post-Dispatch Urban Chestnut Brewing Co. plans to file for Chapter 11 bankruptcy and has entered into an agreement with…

Near-disaster for the stablecoin Tether: Celsius took 2 years to file for bankruptcy – Ledger Insights

If the Tether stablecoin has taken on an animal character, it would have to be a cat, as it apparently has nine lives. On Friday, Celsius, the bankrupt crypto lender, sued Tether for alleged preferential treatment during its bankruptcy. Celsius…

Former Trump lawyer Rudy Giuliani could sell his condo in Palm Beach due to bankruptcy

Giuliani’s license revoked, court finds he lied about 2020 election Rudy Giuliani lost his license to practice law in New York after a state appeals court found that he lied when he claimed the 2020 presidential election was rigged. Former…