David’s Bridal, the retailer which boasts that it sells one out of three wedding dresses in the United States, filed for Chapter 11 bankruptcy on Monday and said it “intends […]
Bankruptcies
Trending topics and news from the Bankruptcies category
Back to news homeJohnson & Johnson Reaches Deal for $8.9 Billion Talc Settlement
Johnson & Johnson said on Tuesday that it had agreed to pay $8.9 billion to tens of thousands of people who claimed the company’s talcum powder products caused cancer, a […]
FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
Federal prosecutors in Manhattan have also seized assets they contend were acquired with money misappropriated from FTX’s customer accounts. Last month, the prosecutors disclosed that they had seized more than […]
FTX Inquiry Expands as Prosecutors Reach Out to Former Executives
Federal prosecutors are scrutinizing a growing array of people tied to Sam Bankman-Fried’s collapsed cryptocurrency empire, including his father, his brother and former colleagues, as part of a rapidly expanding […]
The Unknown Hedge Fund That Got $400 Million From Sam Bankman-Fried
Not long before FTX collapsed in November, its founder, Sam Bankman-Fried, sent $400 million to an obscure cryptocurrency trading firm called Modulo Capital.The fledgling firm, which was founded in March […]
In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto
Two months after FTX filed for bankruptcy, lawyers for the once high-flying cryptocurrency exchange have begun to identify and put a value on its assets, as they determine how much […]
Sam Bankman-Fried Responds to Fraud Charges: ‘I Didn’t Steal Funds’
Sam Bankman-Fried, the disgraced cryptocurrency executive, on Thursday made his first detailed response to the criminal charges filed against him last month, arguing that the millions of customers of his […]
Bed Bath & Beyond Warns of Possible Bankruptcy
Bed Bath & Beyond, the beleaguered home goods retailer, warned investors on Thursday about the darkening prospects for its future, saying that bankruptcy was a possible option.The company, which has […]
Restaurateur, Political Donor, Tipster: The Many Roles of FTX’s Ryan Salame
In Western Massachusetts, Ryan Salame was known as a local boy turned hometown hero who struck gold as a top executive at FTX, the now-collapsed cryptocurrency exchange, and used some […]
Sam Bankman-Fried’s Parents Under Scrutiny in FTX Collapse
Mr. Bankman-Fried’s business and political empire was always a family affair. The FTX founder was a prolific political donor, and he was part of a network of contributors who gave […]