Bankruptcy Lenders News Monitoring

Vodka maker Stoli Group USA files for Chapter 11 bankruptcy

Check out what's clicking on FoxBusiness.com. Stoli Group USA sought Chapter 11 bankruptcy protection in court last week. Stoli Group USA, a segment within Stoli Group and owned by the global beverage company SPI Group, said in its Nov. 27 bankruptcy …

A DIFFERENT POINT OF VIEW: The Bankruptcy Experience, Part One

This column is about bankruptcy — financial, not moral. The former is a matter of math and objective law. The latter is subjective judgment. In the 1950s my dad was a residential building contractor. To this day I can show you homes around west-central …

From iconic innovation to bankruptcy: The rise and fall of Tupperware

Tupperware’s story, which began in the 1940s, has been marked by groundbreaking innovation,significant global expansion, and a revolutionary approach to sales. The company was a household name for decades, with its distinctive, airtight containers becoming …

Tupperware to officially shut down in Australia after declaring bankruptcy

Tupperware is set to shut down its Australian operations, leaving hundreds of sales staff and warehouse workers unemployed just before Christmas. It comes after the struggling brand filed for bankruptcy in September before it was purchased by a group of …

Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy

Wework: UK firm owes almost £840m to bankruptcy-hit US owner

Thursday 28 November 2024 11:23 am  |  Updated:  Thursday 28 November 2024 1:27 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Wework International was not part of the US …

AMERICAN TIRE DISTRIBUTORS ENTERS ASSET PURCHASE AGREEMENT WITH AD HOC LENDER GROUP

ATD Targets Completing Sale Process in Early 2025 HUNTERSVILLE, N.C., Nov. 27, 2024 /PRNewswire/ -- American Tire Distributors, Inc. ("ATD" or the "Company") today announced that it has entered into a "stalking horse" …

Celsius to distribute $127 million in second phase of bankruptcy payouts

Bankrupt crypto lender Celsius Network is set to distribute $127 million to creditors in the second payout under its bankruptcy proceedings. According to the court filings, this distribution represents 2.75% of total creditor claims. With the distribution, …

Ex-Danbury principal charged with larceny faced bankruptcy, foreclosure, court records show

Jennifer Blue speaks during a ceremony for the opening of the School-Based Health Center at Danbury’s Westside Middle School Academy in April 2024. Blue resigned from her position as the school’s principal a couple months later amid a police investigation …

Game is over for bakkies

Tupperware has announced the closure of its South African operations by December 2024, following a bankruptcy filing due to years of dramatically declining sales. In September 2024, Tupperware filed for bankruptcy due to a culmination of factors, including …

Job losses as Tupperware shuts SA operations end of December

Employees at Tupperware will be laid off after the iconic US food storage container company announced it will be closing operations in South Africa at the end of December 2024. This comes after the company filed for bankruptcy in September due to declining …

Major vodka maker goes bankrupt

A producer of a popular vodka has filed for bankruptcy. Stoli Group USA, a segment within Stoli Group and owned by the global beverage company SPI Group, said in its November 27 bankruptcy petition to the U.S. Bankruptcy Court for the Northern District of …

Weil recruits partners in New York from Fried Frank, White & Case

Weil Gotshal & Manges has hired a partner apiece from Fried Frank Harris Shriver & Jacobson and White & Case in New York, just a few weeks after a trio of practice heads exited for rivals in the city.  Meredith Mackey has joined Weil’s banking …

Anthony's Coal Fired Pizza is sold to a Burger King franchisee

Anthony's Coal Fired Pizza is almost entirely company owned and operates mostly in Florida. | Photo: Shutterstock Anthony’s Coal Fired Pizza & Wings has a new owner. The 51-unit chain was sold out of bankruptcy by parent company BurgerFi …

Davis-Morris Building to Be Sold at Auction on Tuesday

The Davis-Morris Funeral Home building, 800 Center Ave. in Brownwood, will be sold at an auction to be held Tuesday, December 3, at the Brown County Courthouse. Davis-Morris is now owned by Heritage Funeral Homes, and is known as the Davis-Morris Chapel in …

WEBCO INDUSTRIES, INC. REPORTS FISCAL 2025 FIRST QUARTER RESULTS

SAND SPRINGS, Okla., Dec. 2, 2024 /PRNewswire/ -- Webco Industries, Inc. (OTC: WEBC) today reported results for our first quarter of fiscal year 2025, which ended October 31, 2024. For our first quarter of fiscal year 2025, we had a net loss of $0. …

Germany Assumes $629M in Northvolt Debt After Insolvency

[Stay on top of transportation news: Get TTNews in your inbox.] Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country. The federal …

Wellpath once provided care in Lowcountry jails. Now bankrupt, inmate abuse claims are in limbo.

The for-profit correctional medical care company that once operated in Lowcountry jails is bankrupt as it faces millions in lawsuits in Charleston and across the nation. Nashville-based Wellpath has declared bankruptcy after reporting it fell into more …

Glass, EPS manufacturing hit in November layoff announcements

November’s economic activity in the manufacturing sector was in contraction for the eighth month in a row, and companies continued to reduce staffing levels, according to insights in a manufacturing PMI report from the Institute for Supply Management …

Warmth for Winter: 1,000 Coats Donated to Central Illinois Families by Onward Injury Law

Onward Injury Law donates 1,000 coats to children and families in Central Illinois, expanding its Coats for Kids Initiative to support 5 local communities. BLOOMINGTON, IL, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- With rising costs …

Forensic Science Ireland Implements DBLR™ for Database Searches

Investigative Application Rapidly Calculates Millions of Likelihood Ratios in DNA Evidence PORIRUA, NEW ZEALAND, December 3, 2024 /⁨EINPresswire.com⁩/ -- Forensic Science Ireland (FSI), an associated office of Ireland’s Department of Justice, has …

Florida Mesothelioma Victims Center Recommends the Gori Law Firm for a Former Public Utility Worker with Mesothelioma or ...

ORLANDO , FL, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- The Florida Mesothelioma Victims Center says, "There are dozens of waters districts and electricity districts in Florida and thousands of public utility workers in Florida. …

The Effect of Louisiana's Open Carry Laws on Vehicle Accidents

OPELOUSAS, LA, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- Louisiana’s open carry laws permit individuals to carry firearms without the need for a permit, provided they meet state requirements. While these laws are rooted in …

Americans United Against Destructive Driving (AUADD) Expands Donation Options to Continue Success in Highway Safety

AUADD, a 501ce highway safety charity, announces additional ways for individuals and corporations to support them using real estate donations. BURR RIDGE, IL, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- Americans United Against …

Reach Local Lawyers: Transforming Law Firm Visibility in a Competitive Digital Landscape

New Lawyer Directory Helps Law Firms Stand Out and Attract Clients with Proven SEO Tools CHARLESTON, SC, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- In an era where online presence is critical, law firms face increasing pressure to …

PACS INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that PACS Group, Inc. Investors with Substantial Losses ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of PACS Group, Inc. (NYSE: PACS): (i) securities between April 11, 2024 and November 5, 2024, all dates inclusive (the “Class Period”); …

FLEOA Urges Senate to Move Quickly to Take Up and Pass H.R. 82, the Social Security Fairness Act

WASHINGTON, DC, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- With only a few weeks left before the 118th Congress adjourns, the Federal Law Enforcement Officers’ Association (FLEOA) is urging the U.S. Senate to expeditiously take up and …

All Volunteer Highway Safety Charity Announces New Way to Accept Donations on Giving Tuesday

Teen driver education highway safety 501c3 charity, can now accept Required minimum distributions (RMDs) as financial support for their programs BURR RIDGE, IL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Burr Ridge, Illinois - On this …

The Front Line Foundation Grants Death Benefit to Family of Red Lake Officer Who Died Responding to a Call for Help

The Front Line Foundation has now paid out $615,000 in death benefits and other support to Minnesota’s First Responders since its’ inception in 2018 MINNEAPOLIS , MN, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The Front Line …

More Than Money 360 (MTM360) Unveils Version 7 at the Campden Wealth Conference in West Palm Beach

MTM360 Founder, Shawn Barberis, led a panel discussion on the benefits of technology with a SFO Executive and a multi-generational family member. WEST PALM BEACH, FL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- More Than Money 360 ( …

West Memphis Three Attorney Not Stopping Until Real Killer is Found

Defense attorney Dan Stidham breaks his 30-year silence on a gruesome case that gripped the nation in his unforgettable book, A Harvest of Innocence. PARAGOULD, AR, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Defense attorney Dan …

USCFAR Exposes the Hidden Costs of HOA and Condo Living

Property Rights Advocates Allege Backroom Deals Built a Broken System DELRAY BEACH, FL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The U.S. Coalition for Association Reform (USCFAR) is advocating for significant changes to safeguard …

Robbins LLP Urges HAS Stockholders with Large Losses to Contact the Firm for Information About the Hasbro, Inc. Class ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Hasbro, Inc. (NASDAQ: HAS) common stock between February 7, 2023 and October …

Robbins LLP Urges CELH Stockholders with Large Losses to Contact the firm for Information About the Celsius Holdings, ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all purchasers of Celsius Holdings, Inc. (NASDAQ: CELH) common stock between February 29, 2024 and September 4, 2024. Celsius is a holding …

Robbins LLP Urges ASML Stockholders with Large Losses to Contact the Firm for Information About the ASML Holding N.V. ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds shareholders that a class action was filed on behalf of all investors that purchased or otherwise acquired ASML Holding N.V. (NASDAQ: ASML) ordinary shares between January 24, 2024 and …

Robbins LLP Urges HUMA Stockholders with Large Losses to Contact the Firm for Information About the Humacyte, Inc. Class ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors of the class action filed on behalf of all persons and entities that purchased or otherwise acquired Humacyte, Inc. (NASDAQ: HUMA) securities between May 10, 2024 and October 17, …

Tax Compliance Strategies for Foreign Investors: Insights from a Leading FDI Lawyer

Learn how Toledo and Associates helps foreign investors navigate U.S. tax challenges, optimize strategies, and ensure compliance with evolving regulations. HOUSTON, TX, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- As global economic …

Pinpoint Labs Announces Strategic Partnership with Right Forensics

The collaboration brings the power of Pinpoint Labs’ new CrossCopy Enterprise to digital forensic investigation and eDiscovery services company Right Forensics. MURRAY, NE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Pinpoint Labs, a …

Los Defensores Joins ABC13’s Share Your Holidays Food Drive to Support Houston Families

Los Defensores is partnering with Houston Food Bank to provide donations and holiday meals to food-insecure families across the metro area HOUSTON, TX, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Los Defensores, the first nationwide …