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bankruptcy
TGI Fridays, the casual dining chain, files for bankruptcy
The Dallas-based company filed for Chapter 11 bankruptcy in the Northern District of Texas to begin a 'restructuring process' to ensure the 'long-term viability of the brand,' according to a company statement.
03 November 2024, 02:57 IST
TGI Fridays, the casual dining chain, files for bankruptcy
03 November 2024, 02:57 IST
Byju’s US units head for bankruptcy sale under court trustee
The company defaulted on $1.2 billion owed to US lenders and stymied efforts to recover $533 million in cash that went missing last year.
19 October 2024, 10:21 IST
Byju’s US units head for bankruptcy sale under court trustee
19 October 2024, 10:21 IST
Tupperware debt spat disrupts pay for door-to-door workers
The standoff threatens to quash Tupperware’s revival plans before the company has a chance to hold a court-supervised auction designed to attract investors willing to save the money-losing business.
21 September 2024, 10:17 IST
Tupperware debt spat disrupts pay for door-to-door workers
21 September 2024, 10:17 IST
Tupperware files for bankruptcy as its colorful containers lose relevance
After a short-lived pandemic boost, the company's struggles resumed when increased home cooking briefly drove demand for its colourful, airtight plastic containers.
18 September 2024, 08:40 IST
Tupperware files for bankruptcy as its colorful containers lose relevance
18 September 2024, 08:40 IST
Tupperware Brands plans to file for bankruptcy
The home-goods brand, which has for much of a century defined food storage, is planning to enter court protection after it breached the terms of its debt and enlisted legal and financial advisers.
16 September 2024, 21:36 IST
Tupperware Brands plans to file for bankruptcy
16 September 2024, 21:36 IST
Byju's auditor BDO resigns after start of bankruptcy proceedings, company says
BDO was appointed auditor earlier this year after Byju's former auditor, Deloitte, left the company, citing several issues with the company's financial reporting.
07 September 2024, 07:36 IST
Byju's auditor BDO resigns after start of bankruptcy proceedings, company says
07 September 2024, 07:36 IST
Byju’s hedge fund ally seeks to keep lawyers as cash runs out
William Morton pleaded with a federal judge on Tuesday to not let his lawyers quit, arguing he hasn’t been able to find a new law firm to represent him in the bankruptcy case of a Byju’s unit now controlled by lenders that are owed $1.2 billion (Rs 10,063 crore).
21 August 2024, 04:53 IST
Byju’s hedge fund ally seeks to keep lawyers as cash runs out
21 August 2024, 04:53 IST
Chicken Soup for the Soul files for bankruptcy
Chicken Soup struggled to keep up with its financial obligations after buying DVD rental company Redbox in 2022, court papers show.
30 June 2024, 10:17 IST
Chicken Soup for the Soul files for bankruptcy
30 June 2024, 10:17 IST
NCLT gives fourth extension of 60 days to Go First to complete insolvency
This is the fourth extension for Go First to complete the Corporate Insolvency Resolution Process (CIRP), which is struggling to find a buyer.
13 June 2024, 09:39 IST
NCLT gives fourth extension of 60 days to Go First to complete insolvency
13 June 2024, 09:39 IST
Bankruptcy code has rescued 3,171 distressed firms: FM Sitharaman
In a post on social media site X, Sitharaman criticised the Congress, saying the party always shied away from taking progressive steps for India’s growth and encouraged only regressive policies. The IBC came into force in 2016.
30 May 2024, 21:51 IST
Bankruptcy code has rescued 3,171 distressed firms: FM Sitharaman
30 May 2024, 21:51 IST
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