Shabsels Bankruptcy Puts 50 Properties Across 22 States Up for Sale
Real Estate

Shabsels Bankruptcy Puts 50 Properties Across 22 States Up for Sale

The failed Shabsels real estate operation is selling roughly 50 Damis Holdings properties, from offices and apartments t...

Cormac Doyle 👁 41 💬 0
A $4 Million Vending-Machine Pitch Ends in Bankruptcy for 40-Plus Investors
Personal Finance

A $4 Million Vending-Machine Pitch Ends in Bankruptcy for 40-Plus Investors

More than 40 investors lost up to S$4 million after Nozomii Vending collapsed, leaving creditors to face bankruptcy rule...

Shira Katz 👁 50 💬 0
Rio Court Sets Aug. 25 Bankruptcy Hearing for Oi as Cash and Asset Sales Stall
Companies

Rio Court Sets Aug. 25 Bankruptcy Hearing for Oi as Cash and Asset Sales Stall

A Rio court will hear Oi's bankruptcy case on August 25. The operator says cash will run out this month, has agreed to c...

Declan Byrne 👁 42 💬 0
Promised Government Rescue Fails to Save 70-Year-Old Mályi Brick Factory
Companies

Promised Government Rescue Fails to Save 70-Year-Old Mályi Brick Factory

Former owner Stark Gábor alleges the Orbán government reneged on rescue promises, conditioning help on political loyalty...

Declan Byrne 👁 27 💬 0
Kokeza and Babović Linked to Genesis Capital as DK Acquisition Snaps Up Belgrade Block 26 Project for 1.1bn Dinars
Real Estate

Kokeza and Babović Linked to Genesis Capital as DK Acquisition Snaps Up Belgrade Block 26 Project for 1.1bn Dinars

A newly formed company has bought the bankrupt Genesis Capital, gaining a 2005 joint-construction agreement in New Belgr...

Cormac Doyle 👁 39 💬 0
ANP Pulls Refit’s Operating License After CNPJ Suspension; Rio State Seeks Bankruptcy
Energy

ANP Pulls Refit’s Operating License After CNPJ Suspension; Rio State Seeks Bankruptcy

The Brazilian petroleum regulator revoked the license of Refinaria de Manguinhos after the tax authority suspended its C...

Aoife Keane 👁 34 💬 0
Boris Becker’s Family Villa in Leimen Lists for €2.98 Million After Bankruptcy and Renovation
Real Estate

Boris Becker’s Family Villa in Leimen Lists for €2.98 Million After Bankruptcy and Renovation

Built by his architect father in 1992, the 586-sqm home near Heidelberg hits the market after a complex legal arrangemen...

Cormac Doyle 👁 30 💬 0
Chernozemye Digest: Mortgages Up 55%, Kursk Salaries Hit 82,000 Rubles
News

Chernozemye Digest: Mortgages Up 55%, Kursk Salaries Hit 82,000 Rubles

A single Kommersant feed from Russia's Black Earth region pairs rapid credit growth with corporate distress and renewed ...

👁 42 💬 0
STG Logistics to Pay $2.2M to NJ Drayage Drivers as Bankruptcy Caps $80.9M Settlement
Logistics

STG Logistics to Pay $2.2M to NJ Drayage Drivers as Bankruptcy Caps $80.9M Settlement

STG Logistics will pay New Jersey drayage drivers $2.2 million in a misclassification settlement — a small slice of the ...

Eoin McCarthy 👁 36 💬 0
FTX Makes Smallest Creditor Distribution Yet — $900M — as Wind-Down Nears End
Companies

FTX Makes Smallest Creditor Distribution Yet — $900M — as Wind-Down Nears End

The fifth payout pushes recovery for some claims over 100% in dollar terms, but thousands of creditors remain locked out...

Declan Byrne 👁 41 💬 0