Northvolt CEO Resigns After Company Files for Bankruptcy
Swedish battery maker Northvolt dealt a setback to Europe’s lithium-ion battery ambitions by announcing its bankruptcy filing in the…
FTX Bankruptcy Plan Gets Solid Creditor Backing
The bankruptcy plan of FTX has garnered substantial support from creditors, paving the way for the distribution of $6.83 billion to crypto…
Fisker Seeks Judge’s OK to Sell Ocean EVs at $14K Each
Fisker has urged a Chapter 11 bankruptcy judge to accept the sale of more than 3,000 Ocean electric SUVs to a vehicle-leasing company for…
FTX Creditors to Vote: Cash or Crypto?
FTX has court clearance to ask creditors if they want their recovered funds in cash under its liquidation plan or in bitcoin at market value…
Celsius Small Business Creditors Demand Reimbursement
Two Celsius creditors have submitted a motion to request a second distribution, alleging that they have experienced diminished payments due to…
Amazon’s Thrasio Emerges from Bankruptcy, Appoints New CEO
Amazon aggregator Thrasio, emerges from bankruptcy and names Stephanie Fox CEO, marking a fresh start for the company Greg Greeley, who had…
FTX Crypto Fraud Victims to Reclaim Funds with Interest
FTX Crypto fraud victims will recover funds plus interest, say bankruptcy attorneys representing customers affected by the exchange’s…
Latest FTX Bankruptcy Jeopardizes Small Creditors
Discover the latest FTX bankruptcy development that poses a threat to small creditors and the potential impact of this critical development on…