Bankruptcy Newswire

‘Heartbreaking’: Operations cease at Lilium as eVTOL firm files for insolvency

The company behind the Lilium Jet has filed for insolvency after its funding options dried up and promises of new financing failed to materialize.   Lilium Aerospace, which evolved after Lilium GmbH and Lilium eAircraft GmbH filed for insolvency at the end …

Bankruptcy rates to 'increase globally' in 2025, expert warns

Bankruptcy rates are expected to keep rising in 2025. James Gellert, executive chairman of RapidRatings, appears on Asking for a Trend where he predicts a global increase in bankruptcies and restructurings. "I think we'll continue to see them …

Adult social care must be ‘modernised’ to help London councils on brink of bankruptcy, says care minister

He added: “We're going to be bringing forward a set of proposals for long-term reform of the system, creating a national care service, a new funding model and a way that ensures that adult social care isn't pushing local authorities, in some cases, …

Nikola filed for bankruptcy. Meet the other failed EV startups

Image: Dustin Franz/Bloomberg (Getty Images) Lordstown Motors was founded in 2018 by Steve Burns, the former CEO of a small commercial vehicle maker named Workhorse Group (WKHS), who saw an opportunity when General Motors needed to sell its Lordstown, …

Devin Booker Sends Strong Message to Suns Locker Room as $300M Bankruptcy News Dims Mood After Bulls Win

Devin Booker dropped 29 points and handed out eight assists, leading the Suns to a much-needed 121-117 win over the Bulls on Saturday. Finally, the losing streak is over. Phoenix had been in a slump, dropping four straight games, but this time, they found …

Hooters may file for bankruptcy

Great American, lenders win bid for Joann Inc. assets in bankruptcy

Stock summary: Nikola plummented by 38.76 over the past five days amid filing of Chapter 11 bankruptcy by the company

Nikola Corp stock closed at 0.38 USD, experiencing a sharp decline of 0.24 USD (38.76%) over the past five days. Nikola, a battery and hydrogen fuel cell-powered truck maker company on Wednesday announced that the company and its subsidiaries have filed …

Hooters preparing to file for bankruptcy within next 2 months, report says

Hooters, the bar and grill known for its wings and waitresses, is gearing up to file for bankruptcy, according to a report from Bloomberg News. The casual restaurant chain is reportedly working with creditors to restructure the business. Bloomberg News …

Bankruptcy trustee for B.C.-based Epicure has sold $4.2M of products

Photo: DARREN STONE, TIMES COLONIST Epicure property on 10555 West Saanich Road. Its approximately 160 employees, plus the direct-sales ambassadors, were surprised by its sudden closure. It’s too soon to say how much money creditors will receive from …

Paige Spiranac wants to save Hooters as US restaurant chain prepares to file for bankruptcy—Will her followers help?

Paige Spiranac, social media influencer and former professional golfer, has voiced her support for Hooters as the restaurant chain faces financial difficulties. Reacting to reports of a potential bankruptcy filing, Spiranac took to social media with a bold …

Who owns Hooters as casual dining chain plans restructuring through bankruptcy

The casual dining chain Hooters of America is working with creditors on a plan to restructure the business through bankruptcy in the coming months, reported news agency Bloomberg. The company is working with law firm Ropes & Gray to file for bankruptcy …

PinSeekers files for bankruptcy, plan to remain open

DEFOREST, Wis. -- A hybrid golf-entertainment venue in DeForest filed for Chapter 11 bankruptcy. PinSeekers filed in Western District Court of Wisconsin on Tuesday.  The venue said in Facebook post it will remain open and have secured short-term funding to …

Hooters prepares to file for bankruptcy: What will happen to its restaurants and how many have closed?

Restaurant chain Hooters is preparing to file for bankruptcy after dozens of its establishments closed over the past year, The Mirror has revealed. The popular restaurant chain, known for the large bust displays of its scantily clad waitresses, announced …

Hooters hires law firm as potential bankruptcy looms amid financial struggles

ATLANTA — Hooters, the casual dining chain known for its sports bar atmosphere and chicken wings, may be on the brink of filing for bankruptcy. According to Bloomberg News, the company has secured a law firm to initiate the bankruptcy process in the coming …

Martel bankruptcy trustee seeking over $71M from investors in Ponzi scheme

According to court documents, the trustee overseeing Martel’s bankruptcy is seeking a court order to have more than $71 million paid back into the estate. Some investors who entrusted millions of dollars to Victoria mortgage broker Greg Martel could have …

Hooters set to file for bankruptcy after closing 44 outlets in 14 States

Hooters is set to file for bankruptcy due to debt and a lack of footfall ( Image: Getty Images) Hooters is set to file for bankruptcy after dozens of restaurant closures last year. The popular restaurant chain, known for busty displays from waitresses in …

Shilo Sanders' bankruptcy case entangled by dispute over his privacy

The bankruptcy case of Colorado football safety Shilo Sanders is now mired in a fight over Sanders’ efforts to keep some of his financial information private even as he tries to free himself from more than $11 million in debt in a public bankruptcy court. …

Vijay Mallya pursues annulment of UK bankruptcy order over ‘unreal quality’

LONDON, Feb 22: Embattled businessman Vijay Mallya believes Indian banks pursuing bankruptcy proceedings against him in the English courts have assumed an “unreal quality” in the wake of Union Finance Minister Nirmala Sitharaman’s recent statement in …

ROSEN, A TOP RANKED LAW FIRM, Encourages Alarum Technologies Ltd. Investors to Secure Counsel Before Important Deadline ...

NEW YORK, Feb. 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Alarum Technologies Ltd. (NASDAQ: ALAR) between March 14, 2024 and …

ROSEN, A TOP RANKED LAW FIRM, Encourages Block, Inc. Investors to Secure Counsel Before Important Deadline in Securities ...

NEW YORK, Feb. 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Block, Inc. (NYSE: SQ, XYZ) between February 26, 2020 and April 30, 2024, both dates inclusive (the “Class …

Surrounding Extensive Work in Sports, AI & Travel, TravelingWiki Profiled in Documentary by Cal State Northridge Class

Surrounding Extensive Work in Sports, AI & Special Needs Travel. TravelingWiki Profiled in Documentary Footage Today by Cal State Northridge Journalism Class LOS ANGELES, CA, UNITED STATES, February 22, 2025 /⁨EINPresswire.com⁩/ -- In advance …

ROSEN, NATIONAL INVESTOR COUNSEL, Encourages GSK plc Investors to Secure Counsel Before Important Deadline in Securities ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depositary Receipts (“ADRs”) of GSK plc (NYSE: GSK) between February 5, 2020 and August 14, 2022, both dates inclusive (the “ …

ROSEN, RECOGNIZED TRIAL ATTORNEYS, Encourages FTAI Aviation Ltd. Investors to Secure Counsel Before Important Deadline ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of FTAI Aviation Ltd. (NASDAQ: FTAI) between July 23, 2024, and January 15, 2025, both dates inclusive (the “Class Period …

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ICON plc Investors to Secure Counsel Before Important Deadline in Securities ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of ordinary shares of ICON plc (NASDAQ: ICLR) between July 27, 2023 and October 23, 2024, both dates inclusive (the “Class Period”), of …

DiscoverMyBusiness Unveils Expert Strategies for Effective Lead Generation in the Legal Industry

DiscoverMyBusiness shares expert lead generation strategies to help lawyers attract clients, boost online presence, and grow their legal practice. NY, UNITED STATES, February 22, 2025 /⁨EINPresswire.com⁩/ -- DiscoverMyBusiness, a leading digital …

The Law Office of Michael Howard Honored with 2024 Best of Georgia Regional Award

SANDERSVILLE, GA, UNITED STATES, February 22, 2025 /⁨EINPresswire.com⁩/ -- The Law Office of Michael Howard has been recognized with the 2024 Best of Georgia Regional Award, an accolade presented by Georgia Business Journal at Gbj.com. This eminent …

MERCK INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Merck & Co., Inc. Investors with Substantial ...

SAN DIEGO, Feb. 22, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Merck & Co., Inc. (NYSE: MRK) securities between February 3, 2022 and February 3, 2025, all dates inclusive (the “Class Period …

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Monolithic Power Systems, Inc. Investors to Secure Counsel Before ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Monolithic Power Systems, Inc. (NASDAQ: MPWR) between February 8, 2024 and November 8, 2024, both dates inclusive (the …

IAS Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Integral Ad Science Holding Corp. (IAS) ...

RADNOR, Pa., Feb. 22, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of …

Saxena White P.A. Files Securities Fraud Class Action Against Atkore Inc. and Certain of Its Executives

BOCA RATON, Fla., Feb. 22, 2025 (GLOBE NEWSWIRE) -- Saxena White P.A. has filed a securities fraud class action lawsuit (the “Class Action”) in the United States District Court for the Northern District of Illinois against Atkore Inc. (“Atkore” or the “ …

ROSEN, A LEADING LAW FIRM, Encourages ModivCare Inc. Investors to Secure Counsel Before Important Deadline in Securities ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of ModivCare Inc. (NASDAQ: MODV) between November 3, 2022 and September 15, 2024, both dates inclusive (the “Class Period …

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages FMC Corporation Investors to Secure Counsel Before Important Deadline in ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of FMC Corporation (NYSE: FMC) between November 16, 2023 and February 4 …

ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Target Corporation Investors to Secure Counsel Before Important Deadline in ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Target Corporation (NYSE: TGT) between August 26, 2022 and November 19, 2024, both dates inclusive (the “Class Period …

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Edison International Investors to Secure Counsel Before Important Deadline in ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Edison International (NYSE: EIX) between February 25, 2021 and …

ModivCare Inc. (MODV) Investors: March 31 2025 Filing Deadline in Securities Class Action - Contact Kessler Topaz ...

RADNOR, Pa., Feb. 22, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of Colorado …

GO Deadline Alert: Kessler Topaz Meltzer & Check, LLP Reminds Investors of March 31, 2025 Deadline in Securities Fraud ...

RADNOR, Pa., Feb. 22, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of …

ROSEN, LEADING INVESTOR COUNSEL, Encourages Polestar Automotive Holding UK PLC Investors to Secure Counsel Before ...

NEW YORK, Feb. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Polestar Automotive Holding UK PLC (NASDAQ: PSNY) between November 14, 2022 and January 16, 2025, both dates inclusive ( …

Trump's Week 5 Month 1 and What Has Been Happening To The Children

Washington DC, Feb. 22, 2025 (GLOBE NEWSWIRE) -- Links to articles: President Trump's Week 5 Month 1: https://thinkcarebelieve.blog/2025/02/20/president-trumps-month-1-and-week-5/ What Has Been Happening To The Children: …