Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Evergrande's US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China's spectacular growth over the past 30 years.
2023-08-19 02:15
China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
By Jonathan Stempel, Dietrich Knauth and Manya Saini NEW YORK (Reuters) -China Evergrande, which is the world's most heavily indebted
2023-08-18 06:20
China's Evergrande files for bankruptcy
China's Evergrande Group filed for bankruptcy in New York on Thursday.
2023-08-18 05:25
Trucking firm Estes Express submits $1.3 billion bid for Yellow's shipment centers
NEW YORK Trucking firm Estes Express has submitted a $1.3 billion bid to acquire bankrupt Yellow Corp's shipment
2023-08-18 01:27
Bankruptcies in the EU highest since 2015, Eurostat says
Bankruptcy declarations in the European Union reached the highest level since 2015 in the second quarter of this
2023-08-17 18:45
Drugmaker Mallinckrodt moves toward second bankruptcy filing
By Pratik Jain and Dietrich Knauth (Reuters) -Mallinckrodt on Tuesday said it was preparing to seek bankruptcy protection for the
2023-08-16 05:28
Bankrupt Lordstown Motors reaches $40 million settlement with Karma Automotive
Lordstown Motors said on Tuesday it had reached a $40-million settlement with Karma Automotive over a 2020 lawsuit
2023-08-16 01:15
Crypto lender Celsius sends bankruptcy plan to creditor vote
By Dietrich Knauth NEW YORK Crypto lender Celsius Network on Monday received a U.S. bankruptcy judge's permission to
2023-08-15 03:53
Trucking firm Yellow extends bankruptcy loan negotiations until next week
NEW YORK Trucking firm Yellow Corp will extend negotiations on a bankruptcy loan until next week, seeking to
2023-08-11 22:54
US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday agreed to hear a challenge by
2023-08-11 04:16
Trucking firm Yellow explores alternate bankruptcy loans
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt trucking company Yellow Corp will not seek court approval to borrow $142.5 million
2023-08-10 03:48
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:53