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Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that ...Business - MarketWatch - November 13 -
My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?
“Most of those old debts are credit-card debts.”Business - MarketWatch - 5 hours ago -
Rival creditor group offers Thames Water emergency loan at lower rate
The UK’s largest water and sewerage provider is struggling with a £19bn debt loadBusiness - Financial Times - October 31 -
Giuliani Moved Possessions From N.Y. Apartment as Creditors Closed In
Lawyers for the two election workers seeking to collect on a $148 million defamation judgment against Rudolph W. Giuliani found that he had largely cleared out his Upper East Side home.Top stories - The New York Times - November 5 -
3 smart ways to deal with creditors when you can't pay
Certain issues can impact your ability to pay your creditors and finding a solution can benefit both parties.Top stories - CBS News - 3 days ago -
Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.Business - The New York Times - November 18 -
Spirit Airlines files for bankruptcy
Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit ...Top stories - CBS News - November 18 -
TGI Fridays Nears Bankruptcy Filing
The casual-dining stalwart has dealt with slowing sales. A deal to purchase the company fell through earlier this year.Business - The Wall Street Journal - October 31 -
The Onion to acquire Infowars out of bankruptcy
Satirical website wins auction for media business controlled by conspiracy theorist Alex JonesBusiness - Financial Times - November 14 -
What legal actions can creditors take if you don't pay your credit card debt?
The legal consequences that can come with unpaid credit card debt could have a big impact on your finances.Top stories - CBS News - 4 days ago -
How will filing for bankruptcy impact my credit score?
Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.Top stories - CBS News - October 31 -
Judge Clears Path for Tupperware Brands to Exit Bankruptcy
The decision allows for the sale of Tupperware Brands to a group of lenders.Business - Inc. - October 31 -
TGI Fridays Files for Chapter 11 Bankruptcy
The company filed for Chapter 11 bankruptcy protection on Saturday but said its restaurants would remain open while it works on a “restructuring process.”Business - The New York Times - November 2 -
Struggling With Debt? Bankruptcy Can Provide a Second Chance.
Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.Business - The New York Times - November 9 -
No joke: The Onion wins bankruptcy auction for Alex Jones' Infowars
The Onion, the satirical news company that repeatedly spoofed conspiracy theorist Alex Jones, has won the bankruptcy auction for control over his media empire — most notably Infowars, the ...Top stories - NBC News - November 14 -
The Onion Buys Alex Jones’s Infowars Out of Bankruptcy
The satirical news site intends to turn Infowars into a parody of itself. But the court overseeing the bankruptcy put a hold on the sale pending a hearing next week.Business - The New York Times - November 15 -
The Onion buys Alex Jones' Infowars at bankruptcy auction
Satirical publication The Onion, with the support of Sandy Hook families, purchased the bankrupt site of conspiracy theorist Alex Jones.Top stories - CBS News - November 14 -
The Onion buys Alex Jones' Infowars at a bankruptcy auction
Satirical publication The Onion bought the conspiracy theorist outlet Infowars, but now its former owner Alex Jones is going to court to stop the sale. Infowars was auctioned off after a judge ...Top stories - CBS News - November 15 -
Northvolt’s future hangs in balance as bankruptcy looms
Troubled European battery maker in race against time to secure short-term fundingBusiness - Financial Times - November 17 -
Spirit Airlines files for Chapter 11 bankruptcy protection
A federal judge had blocked the budget airline's proposed merger with JetBlue.Top stories - ABC News - November 18 -
Flights not impacted after Spirit Airlines files for bankruptcy
Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van ...Top stories - CBS News - November 18 -
Budget Carrier Spirit Airlines Files for Bankruptcy
The country’s largest budget carrier will cut its year-end schedule by 20 percent as it struggles to return to profitability.Business - Inc. - November 18 -
What the Spirit Airlines Bankruptcy Could Mean for Travelers
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter 11 bankruptcy.Business - The New York Times - November 18 -
What Spirit Airlines' bankruptcy filing means for travelers
Spirit Airlines has filed for Chapter 11 bankruptcy protection in the wake of growing debt and a failed merger with JetBlue.Top stories - NBC News - November 18 -
Will Spirit Airlines bankruptcy disrupt holiday travel?
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady ...Top stories - CBS News - November 18 -
What does Spirit Airlines' bankruptcy mean for you?
Spirit's bankruptcy filing will affect airfares across the board, whether you fly Spirit or not, experts say.Top stories - CBS News - November 18 -
Breaking down why Spirit Airlines filed for bankruptcy
Spirit Airlines, the nation's largest discount airline, has filed for bankruptcy protection. The company has had at least two failed merger attempts in recent years as it struggled to rebound from ...Top stories - CBS News - November 18 -
What Spirit Airlines' bankruptcy means for customers
Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with ...Top stories - CBS News - November 18 -
Battery start-up Northvolt files for bankruptcy protection in US
Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern SwedenBusiness - Financial Times - November 21 -
‘There was so much promise’: How Northvolt tumbled into bankruptcy
Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedingsBusiness - Financial Times - November 22 -
Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.Tech - The New York Times - November 21 -
TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.Top stories - CBS News - November 2 -
TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles
Dallas-based TGI Fridays filed for Chapter 11.Business - Inc. - November 3 -
Judge scolds Giuliani for not turning over assets, including car he's driving
Giuliani got a tongue lashing Thursday in federal court after missing a deadline to turn over valuables to two election workers he defamed. He owes the women $148 million in damages.Top stories - CBS News - November 7 -
Future of Alex Jones' Infowars in hands of bidders at bankruptcy auction
Bidders interested in acquiring the media company founded by conspiracy theorist Alex Jones will battle it out at a bankruptcy auction Wednesday, potentially silencing his Infowars broadcasting ...Top stories - NBC News - November 13 -
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines, weighed down by mounting debt, is considering filing for bankruptcy protection.Top stories - CBS News - November 13