LATAM Airlines says it will exit bankruptcy on Nov. 3
SANTIAGO (Reuters) – LATAM Airlines, the biggest carrier in Latin America, said it plans to conclude its exit from bankruptcy on Nov. 3. “This process …
Bankruptcy
LATAM Airlines prepares to exit bankruptcy in November
SANTIAGO (Reuters) – LATAM Airlines detailed a financing plan on Wednesday that the company hopes will finalize its exit from bankruptcy in the first week …
Jury Convicts Man of Bankruptcy Fraud and Tax Evasion
LAKE CHARLES, La. – United States Attorney Brandon B. Brown announced that a federal jury in Lake Charles returned a guilty verdict late yesterday against …
Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits
By Dietrich Knauth (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, …
Local man sent to prison for tax evasion and bankruptcy fraud
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 …
Moscow court accepts Google’s Russian unit’s bankruptcy application -agencies
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 …
China’s Didi EV joint venture with Li Auto applies for bankruptcy – court
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 …
Licensed Attorney Pleads Guilty to Bankruptcy Fraud, Agrees to Disbarment
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 …
Two Men Indicted in Separate Bankruptcy Fraud Schemes
SAN JUAN, Puerto Rico – Jorge Droz Yapur and Yamil Fonseca Salgado were indicted by a federal Grand Jury in relation to separate bankruptcy fraud …
Mexico’s Credito Real requests to enter U.S. Chapter 15 bankruptcy procedure
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 …
Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
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 …
Former Democrat Rep Files For Bankruptcy After Drowning In Legal Fees From Failed Lawsuit Over Nude Photos
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 …
Aeromexico shareholders back Mexico stock exchange exit in bankruptcy restructuring
By Kylie Madry MEXICO CITY – Aeromexico said on Tuesday that a majority of its shareholders approved a proposal to exit the main Mexican stock …
Man Sentenced for Bankruptcy Fraud
WICHITA, KAN. – A California man was sentenced 36 months in prison following a jury conviction in March 2022 on one count of mail fraud …
Revlon files for bankruptcy, blames supply chain snags
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 …
Revlon’s road to bankruptcy
(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 …
Electric Last Mile Solutions initiates bankruptcy proceedings
(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 …
LATAM Airlines seeks bankruptcy court approval for $2.75 billion in exit loans
By Dietrich Knauth (Reuters) – LATAM Airlines Group SA, the largest air transport group in Latin America, on Monday asked a bankruptcy judge to approve …
EV maker Electric Last Mile Solutions files for bankruptcy
(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, …
Cosmetics maker Revlon nears bankruptcy filing – WSJ
(Reuters) – Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the Wall Street Journal reported on …
The New Head Of Black Lives Matter Has Filed For Bankruptcy Three Times: REPORT
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 …
Alex Jones’ InfoWars agrees to dismiss bankruptcy
By Maria Chutchian (Reuters) – Three entities linked to conspiracy theorist Alex Jones’ InfoWars on Thursday agreed to dismiss their Chapter 11 case, marking a …
York County Man Sentenced For Bankruptcy Fraud
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 …
Abingdon Man Sentenced on Bankruptcy Fraud Charge
ABINGDON, Va. – An Abingdon man, who concealed bank accounts and other assets from a federal bankruptcy court during his Chapter 11 bankruptcy proceedings, was …
Married Couple Facing Federal Indictment for a Series of Fraud Schemes, Including Passport Fraud, Wire Fraud, and Bankruptcy Fraud
Baltimore, 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 …
Three Family Members Sentenced in USDA Crop Loan and Bankruptcy Fraud Schemes
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, …
Alaska Dentist and Wife Indicted for Tax Evasion, Bankruptcy Fraud, Wire Fraud and Money Laundering
WASHINGTON – In an indictment unsealed yesterday, a federal grand jury in Anchorage, Alaska, charged an Alaska dentist and his wife with tax evasion, conspiring …
Glen Allen Man Pleads Guilty to $400,000 Bankruptcy Fraud Scheme
RICHMOND, Va. – A Glen Allen man pleaded guilty today to executing a mail fraud scheme during the course of his bankruptcy proceeding in order …
Sandy Hook families’ lawyer says Alex Jones’ InfoWars bankruptcy is ‘sinister’
By Maria Chutchian (Reuters) – Families of the 2012 Sandy Hook Elementary School massacre called for InfoWars’ bankruptcy to be thrown out of court on …
Former Paralegal for Chicago Law Firm Charged With Embezzling Bankruptcy Estate Funds
CHICAGO — A former paralegal for a Chicago law firm has been indicted for allegedly embezzling more than $600,000 from bankruptcy estate accounts. BECKY LOUISE …
Alex Jones’ InfoWars files for bankruptcy in U.S. court
(Reuters) -Far-right wing website InfoWars on Sunday filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas …
Former Air Force Officer Sentenced to More Than Five Years in Prison for Theft of Government Property and Bankruptcy Fraud
MOBILE, AL – A Maine man was sentenced to 63 months in prison for theft of government property and bankruptcy fraud. According to court documents, …
Insurance company owner sentenced after lying to bankruptcy court, underreporting income
SAVANNAH, GA: A Chatham County insurance company owner has been sentenced to federal prison for lying in bankruptcy court and his tax returns. Jaques Andres …
Florida woman sentenced for bankruptcy fraud
CLARKSBURG, WEST VIRGINIA – Heather Lynn Pratt, of Fort Myers, Florida, was sentenced today to five years of probation for bankruptcy fraud, United States Attorney …
Disbarred Attorney Sentenced To Four Years For Conspiring To Commit Bankruptcy Fraud And Defrauding Clients Of $1.3 Million
Tampa, Florida – U.S. District Judge Thomas Barber has sentenced James Lee Clark (61, Wilton Manors) to 48 months in federal prison for conspiracy to …
Clintwood Man Pleads Guilty to Bankruptcy Fraud
ABINGDON, Va. – A Clintwood, Virginia man, who concealed his ownership interest in a waste management company and failed to report his employment and income …
Abingdon Man Pleads Guilty to Bankruptcy Fraud
ABINGDON, Va. – An Abingdon man, who concealed bank accounts from a federal bankruptcy court during his Chapter 11 bankruptcy proceedings, pleaded guilty last week …
Russia offers fast-track bankruptcy to departing companies
MOSCOW – Foreign companies that want to leave Russia will receive fast-tracked bankruptcy protections or can hand their stakes over to local managers until they …
Husband and Wife Plead Guilty to False Statement to an Agency of the United States, Tax Evasion, and Bankruptcy Fraud
DETROIT – A Dearborn, Michigan husband and wife were arraigned yesterday on charges of false statement to an agency of the United States, tax evasion, …
J&J unit proposes independent exam if it remains in bankruptcy
By Dietrich Knauth, Tom Hals and Mike Spector – A Johnson & Johnson subsidiary proposed on Friday that it would submit to an independent examination …
Chinese businessman Guo Wengui files for bankruptcy in U.S. court
– Chinese businessman Guo Wengui, also known as Ho Wan Kwok, filed for individual bankruptcy protection in a U.S. bankruptcy court in Bridgeport, a court …
Knoxville Woman Sentenced To 44 Months In Prison For Embezzling Approximately $725,000, Filing False Tax Returns, And Bankruptcy Fraud
KNOXVILLE, Tenn. – On February 3, 2022, Michelle Clabough, 45, of Knoxville, was sentenced to a term of imprisonment of 44 months by the Honorable …
Analysis-Aeromexico may still hit bumps after bankruptcy exit
By Valentine Hilaire MEXICO CITY – Aeromexico looks set to emerge from bankruptcy within days, but analysts believe the Mexican airline faces stiff challenges taking …
Illinois Attorney Sentenced to Two Years in Federal Prison for Bankruptcy Fraud
ROCKFORD — An Illinois attorney has been sentenced to two years in federal prison for committing bankruptcy fraud. U.S. District Judge Iain D. Johnston imposed …
CEO of Private Jet Charter Company Convicted of Bankruptcy Fraud
ALEXANDRIA, Va. – A federal judge convicted a Reston businessman yesterday on a series of fraud charges relating to a bankruptcy case in which he …
Former Richmond Attorney Sentenced to Obstructing Investigation of Bankruptcy Embezzlement
RICHMOND, Va. – A former Richmond attorney was sentenced today to 44 months in prison and ordered to pay a $10,000 fine for obstructing an …
CONSUMER ALERT: Attorney General James Seeks to Protect New Yorkers’ Wallets by Urging ShrubBucket Customers to File Bankruptcy Claim
NEW YORK – New York Attorney General Letitia James today issued an alert, urging New York customers of ShrubBucket to immediately file a claim in the …