All news on the topic: Bankruptcy

969
AI bubble bursts: Builder.ai duped Microsoft and investors, now bankrupt
Builder.ai, a $1.2 billion AI startup that promised anyone could build apps without writing a single line of code using its assistant “Natasha,” has filed for bankruptcy.
838
Former Celsius CEO Alex Mashinsky sentenced to 12 years in prison for fraud and manipulation of CEL token
The sentencing concludes the federal prosecution phase, but Mashinsky still confronts bankruptcy and associated civil litigation.
789
Former England football star Trevor Sinclair is on the brink of bankruptcy due to a tax debt
Former England international and pundit Trevor Sinclair is confronting bankruptcy following an order from HMRC due to a substantial tax bill, years after he was dismissed from the BBC.
900
Fisker’s UK dream ends with abandoned £520k fleet of electric cars after bankruptcy
Nine brand new electric cars with a total value of between £278,000 and £520,000 have been dumped at the roadside in Nottingham after the Tesla-rivalling manufacturer went into liquidation last year.
1008
Gary Glitter’s assets seized as victims’ lawyers enforce £508K compensation order
Disgraced rocker Gary Glitter has been made bankrupt after refusing to pay £508,000 in damages, allowing lawyers for his victims to access his assets - including a £2million London penthouse
547
Alliance Bank on the brink: UAH 1 billion in unpaid obligations, NBU refinancing, and Firtash’s billion-hryvnia schemes
The media have extensively reported on the potential bankruptcy of Alliance Bank and the increasing law enforcement interest in its operations.
894
Partner of SKODA with a criminal past: how Oleg Boyaryn carried out a paper bankruptcy and vanished with the cars and money
At the same time, the owner of Atoll Holding continues to talk about the poor investment climate in Ukraine
799
Vladimir Antonov and the Snoras case: from fake assets to international manhunt
Russian financier German Gorbuntsov, a witness in the assassination attempt case on Alexander Antonov of the "Convers Group," sustained serious injuries in London.