Wednesday, May 20, 2026
Today's Print

Tag: bankruptcy

Germany’s largest gay club to close down

BERLIN – Germany’s largest LGBTQ club SchwuZ has announced the venerable Berlin institution’s lights will turn off for good on Nov. 1, making it...

Del Monte Pacific eyes $600-million private placement at Philippine unit

Del Monte Pacific Ltd (DMPL) is considering raising between $500 million and $600 million through a private placement at its profitable subsidiary, Del Monte...

Del Monte Pacific books $796.4-m loss on discontinued US business

Canned fruit maker and producer Del Monte Pacific Ltd (DMPL) said Thursday it booked $703.4 million in impairment losses for the fiscal year ended...

Credit rating firm watches Del Monte Philippines’ debt after US affiliate’s bankruptcy

Credit rating agency Philippine Ratings Services Corp. (PhilRatings) said Monday it is closely monitoring Del Monte Philippines Inc. (DMPI) after its US affiliate Del...

Del Monte Foods Holdings files for bankruptcy in the US

Del Monte Foods Holdings Ld. Inc., (DMHFL) the US-based subsidiary of Campos Group-owned Del Monte Pacific Limited (DMPL) has filed for bankruptcy in the...

Izakayas close at faster pace than during COVID-19 amid inflation

TOKYO—Japanese-style pubs, known as izakaya, are going bankrupt at a faster rate than during the COVID-19 pandemic, as consumers cut back on socializing expenses...

TGI Fridays files for bankruptcy

Washington—Casual American dining chain TGI Fridays filed for Chapter 11 bankruptcy on Saturday in the US state of Texas, a company statement said. The bar...

Tupperware Brands files for bankruptcy

Washington, United States—Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, the food container firm said in a statement. The...

Chinese realtor Evergrande files for bankruptcy

NEW YORK, United States—Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure...

FTX now says victim of ‘unauthorized transactions’

A day after it filed for bankruptcy, the deeply troubled cryptocurrency platform FTX said Saturday it had taken action to halt what it said...

CDSL claims insolvency, students to get refunds

The cash-strapped Colegio de San Lorenzo (CDSL) in Quezon is set to file for bankruptcy after attempts to find new investors failed, prompting its...

Crypto clients beg for their cash back after lender’s crash

By Joshua Melvin An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow's lost life savings: People caught in...

US court approves LATAM Airlines plan to exit bankruptcy

A New York City court approved a plan by Latin America's largest airline, LATAM Airlines, to exit bankruptcy under US law, the carrier announced...

Asian-owned shipbuilders in Germany file for bankruptcy

Frankfurt, Germany—Asian tourism and casinos giant Genting’s shipbuilding subsidiaries in Germany filed for bankruptcy Monday, which one union leader described as a “dark day”...
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