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Published on 07:19 GMT

Saks Global Reveals Top 30 Unsecured Creditors, Chanel Hit Hardest in Bankruptcy

Now that Saks Global has finally filed for bankruptcy, the fashion industry can start the process of moving on. After a year and more of promises that the retailer will make good on its past-due bills, it’s now up to a federal bankruptcy judge in Texas to …

Source: Sourcing Journal - New York - Neutral
Published on 09:46 GMT

Chanel, Kering top luxury who's who of Saks Global unsecured creditors

Saks (Representative image) French luxury brand Chanel and Gucci owner ‍Kering top the list of unsecured creditors of bankrupt U.S. department store Saks Global, with claims ⁠of USD 136 million and USD 60 million respectively, court documents show. Saks …

Source: ETBrandEquity.com - Center-right
Published on 06:02 GMT

Saks Global Reveals Top 30 Unsecured Creditors, Chanel Hit Hardest in Bankruptcy

Now that Saks Global has finally filed for bankruptcy, the fashion industry can start the process of moving on. After a year and more of promises that the retailer will make good on its past-due bills, it’s now up to a federal bankruptcy judge in Texas to …

Source: WWD - New York - Neutral
Published on 08:01 GMT

Henry creditors payout hangs on £31m family legal fight

Aaron Morby 42 minutes ago Trade contractors left nursing heavy losses after the collapse of Henry Construction Projects may get a payout if administrators win a series of high-stakes legal claims against the firm’s former directors and family members. …

Source: Construction Enquirer - Pending
Published on 03:42 GMT

Liquidators of Northland engineering firm Obelisk Industrial chase director over $9m shortfall

The liquidators said they had nevertheless served demand letters on Culham seeking recovery of the amount alleged to have been misappropriated, and would “pursue all available legal remedies”. Obelisk’s sole shareholder is listed as Kara Culham, who shares …

Source: The New Zealand Herald - Neutral
Published on 11:12 GMT

Chanel, Gucci and... Rosen-X? The Brands Topping Saks’ Creditor List

After months of speculation, Saks Global — the parent of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman — filed for Chapter 11 bankruptcy protection Wednesday. The filing reveals a troubling snapshot of the company’s unpaid bills to the fashion …

Source: The Business of Fashion - Neutral
Published on 06:02 GMT

5 Takeaways From the Saks Bankruptcy

Bankruptcies pull back the curtain on a company all at once — laying bare the troubled descent into insolvency. And while the story of Saks Global’s fall has been obsessively covered in WWD, the paperwork puts a finer point on some things that were …

Source: WWD - New York - Neutral
Published on 08:34 GMT

US department store Saks files for bankruptcy protection but shops stay open for now

The French luxury brand Chanel and Gucci-owner Kering top the list of unsecured creditors of the bankrupt US department store Saks Global, with claims of $136m (€116m) and $60m respectively, court documents show.

Source: Irish Independent - Center-right
Published on 08:18 GMT

U.S. Vendors Express Relief and Optimism as Saks Global Restructures Under New Leadership

Vendors let out a sigh of relief Wednesday following the long-awaited bankruptcy of Saks Global, and were glad that there’s finally a sense of direction going forward. Of course, they’re very concerned about the money they’re owed, but they seemed pleased …

Source: WWD - New York - Neutral
Published on 06:13 GMT

U.S. Vendors Express Relief and Optimism as Saks Global Restructures Under New Leadership

Vendors let out a sigh of relief Wednesday following the long-awaited bankruptcy of Saks Global, and were glad that there’s finally a sense of direction going forward. Of course, they’re very concerned about the money they’re owed, but they seemed pleased …

Source: Sourcing Journal - New York - Neutral
Published on 07:24 GMT

Amazon’s $475M Saks Global investment at risk after bankruptcy filing

Key Takeaways Amazon challenges Saks Global Enterprises' Chapter 11 bankruptcy filing, arguing against the proposed $1.75 billion financing. Amazon had invested $475 million in Saks as part of their 2024 acquisition of Neiman Marcus for $2.65 billion. …

Source: Crypto Briefing - Neutral
Published on 02:35 GMT

Amazon blasts Saks funding deal, says its equity is 'worthless'

Bloomberg (Bloomberg) -- Amazon.com Inc. is challenging Saks Global Enterprises’ foray into Chapter 11, saying the luxury retailer breached a deal related to the sale of Saks products on its website and that its equity investment in the now bankrupt …

Source: Yahoo Finance - Center-left
Published on 02:36 GMT

Bank Fixed Deposits: Time to rethink how banks raise funds

By Dela Herman AGBO Bank fixed deposits have long been a popular savings and investment instrument in Ghana. For decades, individuals, institutions, and businesses have relied on fixed deposits (FDs) as a perceived “safe” way to earn predictable returns. …

Source: Business and Financial Times - Pending
Published on Jan 14, 2026

Saks Global Files for Chapter 11 Bankruptcy in Texas Court

Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy protection on January 13 after running out of cash and struggling to secure sufficient restructuring financing following its highly …

Source: The Fashion Law - New York - Neutral
Published on Jan 14, 2026

10 healthcare bankruptcies ASCs, physicians need to know

In 2025, Becker’s reported at least 20 hospitals, health systems and healthcare organizations seeking or exiting bankruptcy protection. The trend follows a notable warning sign for physicians — physician practice bankruptcy filings hit a six-year high in …

Source: Becker's ASC Review - Neutral
Published on Jan 14, 2026

Frankie Dettori accused of tax avoidance as Britons face paying his £765,000 losses

British taxpayers face a loss exceeding £765,000 following confirmation that legendary jockey Frankie Dettori cannot repay his substantial tax debt. A Companies House filing published yesterday revealed that the liquidation of Frankie Dettori Limited and …

Source: GB News - Right-wing
Published on Jan 14, 2026

Europe’s Stoxx 600 ends at record high, lifted by healthcare, chemical stocks

EUROPEAN shares closed at a record high on Wednesday, buoyed by gains in chemicals and healthcare stocks, while investors also monitored the repercussions of simmering geopolitical tensions globally. The pan-European Stoxx 600 finished up 0.18 per cent at …

Source: The Business Times Singapore - Neutral
Published on Jan 14, 2026

Saks owes hundreds of millions to luxury brands from Chanel to Burberry

2026-01-14T19:07:17.737Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app Saks Global's Chapter 11 filing reveals that it owes hundreds of …

Source: Insider - Neutral
Published on Jan 14, 2026

Dettori companies unable to pay UK tax debt

Frankie Dettori's liquidated companies will be unable to pay over £765,000 owed to the UK's HM Revenue and Customs. The 55-year-old filed for bankruptcy last March due to unpaid tax resulting from his involvement in a "tax avoidance scheme…

Source: RTE Ireland - Public Broadcaster

04 days 15:07:59

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Published on January 13, 2026 - 22:08 GMT

Job Announcement: Judicial Term Law Clerk to US Bankruptcy Judge Shon Hastings

POSITION TITLE: Judicial Law Clerk (Term) LOCATION: Fargo, ND TYPE OF APPOINTMENT: Full-time, One-Year Appointment (August 2027-August 2028) CLASSIFICATION LEVEL: $74,678-$106,427 (current JSP 11/1-13/1) JOB ANNOUNCEMENT: 26-01 CLOSING DATE: Open …

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Published on January 13, 2026 - 22:06 GMT

Job Announcement: Judicial Term Law Clerk to US Bankruptcy Judge Shon Hastings

POSITION TITLE: Judicial Law Clerk (Term) LOCATION: Fargo, ND TYPE OF APPOINTMENT: Full-time, One-Year Appointment (August 2027-August 2028) CLASSIFICATION LEVEL: $74,678-$106,427 (current JSP 11/1-13/1) JOB ANNOUNCEMENT: 26-01 CLOSING DATE: Open until …

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Published on January 13, 2026 - 07:54 GMT

Germany Faces Rise in Corporate Bankruptcies

(MENAFN) Corporate insolvencies in Germany climbed significantly in December, increasing 15.2% compared to the same month a year earlier, according to preliminary figures from the Federal Statistical Office (Destatis). Final data for October revealed a 4. …

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Published on January 12, 2026 - 17:39 GMT

Total Bankruptcy Filings Increase 11% in Calendar Year 2025

NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Total bankruptcy filings in Calendar Year (CY) 2025 were 565,759, an eleven percent increase from the 508,953 registered during CY 2024, according to data provided by Epiq AACER, the leading provider of US …

Distribution channels: IT Industry, Science ...

Published on January 12, 2026 - 17:00 GMT

Tucson Herald Covers Brian Ferdinand’s Protective Federal Action to Preserve Statutory Rights Under Bankruptcy Code ...

Tucson, AZ, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Tucson Herald reports that Brian Ferdinand has initiated a protective federal filing under the United States Bankruptcy Code to preserve access, if required, to the statutory limitations set forth in Section …

Distribution channels: Environment, Media, Advertising & PR ...
Published on January 10, 2026 - 16:04 GMT

Washington Business Journals reports Brian Ferdinand Files Protective Federal Action to Preserve Statutory Rights Under ...

Washington, DC, Jan. 10, 2026 (GLOBE NEWSWIRE) -- Washington Business Journals reports that Brian Ferdinand has initiated a protective federal filing under the United States Bankruptcy Code to preserve access, if required, to the statutory limitations set …

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Published on January 15, 2026 - 11:40 GMT

The evolution of the Bank’s approach to resolution − speech by Dave Ramsden

Good afternoon. I am delighted to be here and thank you to the Money Macro and Finance Society and King’s College London, two bodies I have a close affiliation with, for hosting me today. For the avoidance of doubt, given we are at the start of a new year, …

Distribution channels: Banking, Finance & Investment Industry
Published on January 15, 2026 - 12:13 GMT

Gabriela Moraes: CARF da OCDE Inicia Nova Era de Compliance Global para RWAs em 2026

BRAZIL, January 15, 2026 /⁨EINPresswire.com⁩/ -- Análise Jurídica: 48 países iniciam troca automática de informações fiscais de ativos criptográficos; SQHWYD lidera com segregação de ativos transfronteiriça e automação de declaração fiscal, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on January 15, 2026 - 12:28 GMT

Stanley Slaczka is announcing the release of his book, ‘The Structure of Perseverance!’

This system gives you unstoppable power! IRWIN, PA, UNITED STATES, January 15, 2026 /⁨EINPresswire.com⁩/ -- Award-winning Author Stanley Slaczka is announcing a press release of his book, “The Structure of Perseverance!” He has multiple awards …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on January 15, 2026 - 12:00 GMT

Florida and Ohio Momentum Reflects a Larger Shift Sparked by Texas’s American Bar Association (ABA) Break

Nelson A. Locke: The Bar-Admission Fight That Helped Put the Issue in Motion DALLAS, TX, UNITED STATES, January 15, 2026 /⁨EINPresswire.com⁩/ -- Nelson A. Locke, a Purdue Global Law School graduate and Texas-admitted attorney who spent years …

Distribution channels: Education, Law ...
Published on January 15, 2026 - 09:15 GMT

Alpha Wealth Group Notes Rising Interest in Family Office Development Among UK Families with Expanding Responsibilities

Many families are reassessing how their affairs are organised, placing greater emphasis on coordination, clearer roles, and long term family continuity. LONDON, UNITED KINGDOM, January 15, 2026 /⁨EINPresswire.com⁩/ -- A growing number of families …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 15, 2026 - 09:10 GMT

Lexiphoria: Building India’s Voice in the Global Digital Economy

NEW DELHI, DELHI, INDIA, January 15, 2026 /⁨EINPresswire.com⁩/ -- Founded in 2014 in a modest rented room in Noida, Lexiphoria is today a ₹15 crore language-technology company redefining how businesses communicate across cultures. What began with a …

Distribution channels: Companies, Education ...
Published on January 15, 2026 - 06:07 GMT

Injury Care Solutions Group: George Kittle Achilles Tear Explained

LOS ANGELES, CA, UNITED STATES, January 15, 2026 /⁨EINPresswire.com⁩/ -- Dr. Greg Vigna, Board Certified Physical Medicine and Rehabilitation, Life Care Planner, states, “I’m a life-long 49ers fan, season ticket holder, and a huge fan of George …

Distribution channels: Business & Economy, Education ...
Published on January 15, 2026 - 00:00 GMT

The Chopin Law Firm Shares Important Mardi Gras Safety Tips for Locals and Tourists

NEW ORLEANS, LA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- As Mardi Gras season approaches, The Chopin Law Firm is reminding residents and visitors alike to prioritize safety while enjoying one of New Orleans’ most celebrated …

Distribution channels: Culture, Society & Lifestyle, Law ...
Published on January 15, 2026 - 11:41 GMT

When lawyers are silenced: How restrictions on lawyers’ expression undermine rights, justice and democracy

Lawyers around the world are subjected to improper interference because of their legitimate expression. This report highlights the importance of safeguarding lawyers’ right to freedom of expression. Drawing on cases gathered through our Lawyers at Risk …

Distribution channels: Law
Published on January 14, 2026 - 20:54 GMT

Major University Settles Education Fraud Case

Three Law Firms Secure $28M Settlement of Incentive Compensation Ban Claims Under the False Claims Act BOSTON, MA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- The law firms of Vezina Law, PLC, Morgan Verkamp, LLC, Todd & Weld, LLP, …

Distribution channels: Business & Economy, Education ...
Published on January 14, 2026 - 20:15 GMT

Jennifer Maddox of Future Ties Partners with Subaru to Host Cookies, Cocoa & Coats

Future Ties’ annual Cookies, Cocoa & Coats event provides free winter coats for Chicago children through a community partnership with Subaru of Evergreen Park CHICAGO, IL, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Jennifer Maddox …

Distribution channels: Gifts, Games & Hobbies, Human Rights ...
Published on January 14, 2026 - 19:48 GMT

Stanley Slaczka is announcing the release of his book, ‘The Structure of Perseverance!’

This system gives you unstoppable power! IRWIN, PA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Award-winning Author Stanley Slaczka is announcing a press release of his book, “The Structure of Perseverance!” He has multiple awards …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on January 14, 2026 - 18:00 GMT

SCRAM Systems Unveils 2026 Product Roadmap, Advancing the Next Era of Connected Supervision

GREENWOOD VILLAGE, CO, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Today, SCRAM Systems unveiled its 2026 product roadmap during its annual product event, outlining a year of innovation focused on expanding connected supervision …

Distribution channels: Business & Economy, Electronics Industry ...
Published on January 14, 2026 - 17:53 GMT

Coinme Announces Definitive Agreement to Be Acquired by Polygon Labs to Expand U.S. Licensed Stablecoin Payments

Transaction Brings Seattle-Based Coinme’s Licensed Fiat Infrastructure and Compliance Platform to Polygon Open Money Stack SEATTLE, WA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Coinme, a leading U.S.-licensed provider of enterprise …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 14, 2026 - 16:56 GMT

Document Shredding Expert Rhet Crowe of Dayton, Ohio Highlights Privacy Protection in HelloNation Feature

What exactly does secure document shredding protect you from? DAYTON, OH, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- What exactly does secure document shredding protect you from? That question is answered in a HelloNation article …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 14, 2026 - 16:37 GMT

Document Shredding Expert Rhet Crowe of Centerville, Ohio Defines Secure Document Shredding Standards for HelloNation

Is tearing papers in half or using a home shredder enough to protect sensitive information? CENTERVILLE, OH, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Is tearing papers in half or using a home shredder enough to protect sensitive …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 14, 2026 - 16:10 GMT

Leaves Legacy Project Files Patent for AI-Enabled Photo and Video Storage That Understands Meaning, Not Just Metadata

New narrative-guided media intelligence transforms scattered digital memories into a searchable, story-aware personal archive LAKEWOOD RANCH, FL, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- The Leaves Legacy Project today announced the …

Distribution channels: Culture, Society & Lifestyle, IT Industry ...
Published on January 14, 2026 - 15:30 GMT

Philanthropist Thomas J. Henry’s $1 Million Gift Helps Expand Specialized Care as SER of Puerto Rico Celebrates 75 Years

NEW YORK, NY, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- As SER of Puerto Rico marked its 75th anniversary, the organization announced a major expansion in its capacity to deliver specialized medical and rehabilitation services, made …

Distribution channels: Culture, Society & Lifestyle, Healthcare & Pharmaceuticals Industry ...
Published on January 14, 2026 - 15:15 GMT

New Jersey and New York Counties Among Those With The Highest Rideshare and Taxi-Related Fatalities In The U.S.

Blume Forte study finds Atlantic County, NJ leads the nation in rideshare and taxi-related fatality rates NEWARK, NJ, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- A new nationwide study from Blume Forte reveals that Atlantic County in New …

Distribution channels: Law ...
Published on January 14, 2026 - 15:00 GMT

ATAP Action Network Calls on Congressional Leaders to End PBM Abuses

Letter Urges Swift Action to Delink Drug Prices From PBM Income and Require Full Pass-Through of Rebates to Patients WASHINGTON, DC, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- The Alliance for Transparent & Affordable …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 14, 2026 - 15:00 GMT

Attorney Darin M. Klemchuk Launches Mediation Practice Focused on Intellectual Property Disputes

DALLAS, TX, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Attorney Darin M. Klemchuk is proud to announce the launch of Klemchuk Mediation, a mediation practice focused solely on intellectual property (IP) matters, affiliated with the IP …

Distribution channels: Law ...
Published on January 14, 2026 - 14:25 GMT

Law Office of Justin C. Frankel, P.C. Successfully Reinstates Disability Benefits for Senior Executive

GARDEN CITY, NY, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Disability Benefits Reinstated for Senior Executive Following Appeal of Their Disability Claim Termination The Law Office of Justin C. Frankel, P.C. announced that long term …

Distribution channels: Law ...