© Reuters. FILE PHOTO: A girl outlets inside a Ceremony Support retailer beneath a DeepCam safety digital camera in New York Metropolis, New York, U.S., June 25, 2020. Image taken June 25, 2020. REUTERS/Lucas Jackson/File Picture By Dietrich Knauth NEW YORK (Reuters) – Pharmacy chain Ceremony Support (NYSE:) obtained courtroom approval on Tuesday for a…
SmileDirectClub is shutting down — simply months after the struggling teeth-straightening firm filed for chapter safety. In a Friday announcement, SmileDirectClub mentioned it had made an “incredibly difficult decision to wind down its global operations, effective immediately.” That leaves current clients in limbo. SmileDirectClub’s aligner therapy by its telehealth platform is not out there, the…
© Reuters. FILE PHOTO: A WeWork emblem is seen at a WeWork workplace in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photograph By Dietrich Knauth NEW YORK (Reuters) – WeWork has resolved landlords’ objections to its chapter financing settlement, saying on Monday that it had agreed to order a portion of any future…
© Reuters. NEW YORK – Troika Media Group, Inc. (TMG), an organization serving industries comparable to insurance coverage and leisure, is on the verge of being delisted from Nasdaq. The alternate has determined to droop buying and selling of the corporate’s securities efficient December 18, after Troika filed for Chapter 11 chapter safety and raised…
By Marcelo Teixeira NEW YORK (Reuters) -Mercon Espresso Group, one of many world’s largest espresso merchants, has crammed for chapter safety in the US as a consequence of what it outlined as “exceptionally challenging operating environment”, in accordance with a doc seen by Reuters. Mercon, which has operations in all the main producing areas together…
© Reuters. FILE PHOTO: Bottles of prescription painkiller OxyContin, 40mg, 20mg and 15mg drugs, made by Purdue Pharma L.D. sit on a counter at a neighborhood pharmacy, in Provo, Utah, U.S., April 25, 2017. REUTERS/George Frey/File Photograph By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Courtroom on Monday was listening to a…
© Reuters. FILE PHOTO: Silicon Valley Financial institution (SVB) emblem is seen by way of damaged glass on this image illustration taken March 16, 2023. REUTERS/Dado Ruvic/Illustration/File Photograph OSLO (Reuters) – Norway’s $1.5 trillion sovereign wealth fund, the world’s largest, stated on Friday it has been appointed by a U.S. courtroom to co-lead an ongoing…
It’s been a brutal yr for startups, with extra corporations struggling to lift cash and tons of shutting down altogether, in response to new information. To this point in 2023, 19% of all startup funding rounds raised cash at a decrease valuation for the corporate than they’d beforehand been awarded by traders. That’s up from…
Individuals and firms go bankrupt every now and then—however within the U.Ok., cities are going bankrupt, too. Nottingham, dwelling to 323,700 residents, well-known universities and fictional character Robin Hood, successfully declared itself bankrupt on Wednesday as its council is about to to overspend by £23 million ($29 million) within the 2023-24 monetary 12 months. This…
Sandy Hook households who received almost $1.5 billion in authorized judgments in opposition to conspiracy theorist Alex Jones for calling the 2012 Connecticut college taking pictures a hoax have provided to settle that debt for under pennies on the greenback — at the very least $85 million over 10 years. The supply was made in Jones’ private…
© Reuters. MEXICO CITY (Reuters) – A U.S. decide has dismissed an involuntary chapter case towards Mexican broadcaster TV Azteca, managed by Mexican billionaire Ricardo Salinas Pliego, stemming from a petition filed by bondholders over missed funds. The choice by Choose Lisa G. Beckerman, posted Monday night and reviewed by Reuters, granted TV Azteca’s movement…
