SANTIAGO (Reuters) – LATAM Airlines detailed a financing plan on Wednesday that the company hopes will finalize its exit from bankruptcy in the first week of November. The company filed …
Bankruptcy
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LAKE CHARLES, La. – United States Attorney Brandon B. Brown announced that a federal jury in Lake Charles returned a guilty verdict late yesterday against Joseph Randall Boswell, Sr., 53, …
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By Dietrich Knauth (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should …
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HOUSTON – A man who evaded payment of his income taxes has been ordered to federal prison, announced U.S. Attorney Jennifer B. Lowery. David Felt pleaded guilty May 9. Today, …
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MOSCOW (Reuters) – A Moscow court on Monday accepted a bankruptcy application by Google’s Russian subsidiary and started initial bankruptcy proceedings, placing the company under supervision, Russian news agencies reported. …
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SHANGHAI – Chinese ride-hailing firm Didi’s joint venture with Li Auto has applied for bankruptcy, according to a court filing, pointing to the end of a four-year-old partnership to make …
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ST. PAUL, Minn.– A Willmar attorney has pleaded guilty to fraudulent concealment of bankruptcy assets, announced United States Attorney Andrew M. Luger. According to court documents, on November 3, 2015, …
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SAN JUAN, Puerto Rico – Jorge Droz Yapur and Yamil Fonseca Salgado were indicted by a federal Grand Jury in relation to separate bankruptcy fraud schemes, announced W. Stephen Muldrow, …
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MEXICO CITY – Mexico’s Credito Real said on Tuesday it had requested to enter the U.S. Chapter 15 bankruptcy procedure as the company struggles to meet its financial obligations. In …
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By Dietrich Knauth (Reuters) – Cryptocurrency lender Celsius Network said bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. New …
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Former Democrat Rep Files For Bankruptcy After Drowning In Legal Fees From Failed Lawsuit Over Nude Photos Gabe Kaminsky on July 13, 2022 A former Democratic California congresswoman who resigned …
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By Kylie Madry MEXICO CITY – Aeromexico said on Tuesday that a majority of its shareholders approved a proposal to exit the main Mexican stock exchange as part of the …
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WICHITA, KAN. – A California man was sentenced 36 months in prison following a jury conviction in March 2022 on one count of mail fraud and one count of making …
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By Praveen Paramasivam, Maria Ponnezhath and Dietrich Knauth (Reuters) -Cosmetics maker Revlon Inc has filed for bankruptcy, falling victim to global supply chain disruptions that pushed up raw material costs …
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(Reuters) – Revlon Inc filed for Chapter 11 bankruptcy protection late on Wednesday as the debt-laden cosmetics company struggled to take on rising competition from celebrity-backed startups in recent years. …
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(Reuters) – Electric Last Mile Solutions said in a filing https://www.sec.gov/ix?doc=/Archives/edgar/data/1784168/000121390022032839/ea161577-f8k_electrilast.htm on Tuesday the U.S. commercial electric vehicle startup had commenced bankruptcy proceedings and blamed a lack of funding for …
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By Dietrich Knauth (Reuters) – LATAM Airlines Group SA, the largest air transport group in Latin America, on Monday asked a bankruptcy judge to approve $2.75 billion in new loans …
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(Reuters) – U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) said on Sunday it is planning to file for Chapter 7 bankruptcy, after a review of its …
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(Reuters) – Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the Wall Street Journal reported on Friday, citing people familiar with …
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The New Head Of Black Lives Matter Has Filed For Bankruptcy Three Times: REPORT Gabe Kaminsky on June 3, 2022 The Black Lives Matters Global Network Foundation’s new leader, Cicley …
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By Maria Chutchian (Reuters) – Three entities linked to conspiracy theorist Alex Jones’ InfoWars on Thursday agreed to dismiss their Chapter 11 case, marking a win for the families of …
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HARRISBURG—The United States Attorney’s Office for the Middle District of Pennsylvania announced that Christopher Gambrill, age 46, of Windsor, Pennsylvania, was sentenced yesterday to 3 years of probation by United …
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ABINGDON, Va. – An Abingdon man, who concealed bank accounts and other assets from a federal bankruptcy court during his Chapter 11 bankruptcy proceedings, was sentenced yesterday to 12 months …
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Married Couple Facing Federal Indictment for a Series of Fraud Schemes, Including Passport Fraud, Wire Fraud, and Bankruptcy Fraud
by DOJ PressBaltimore, Maryland – A federal grand jury has returned an indictment charging Andrews Oduro Brown, a/k/a Andrews Oduro, age 39, and Charmaine Miesha Brown, age 43, both of Germantown, Maryland, …
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Three Northeastern Iowa family members were sentenced recently in federal court for their respective roles in crop loan and bankruptcy fraud schemes. Aimee Lynn Rosenbaum, formerly known as Aimee Lynn …