Tag
Bankruptcy
5 articles
Weiss Art Auction Targets $68.9M Debt Paydown by End-2026
Bankrupt hedge fund founder George Weiss will liquidate 16 artworks through Sotheby's to reduce a $93.9 million Bank of America loan to $25 million by year-end 2026.
U.S. Trustee Demands Independent Examiner for $1.5B EchoStar-Hughes Transfers
Federal bankruptcy watchdog says $1.5 billion in transactions between EchoStar and subsidiary Hughes Satellite warrant independent probe, not internal committee review.
Google Pays $10M for Spirit Airlines Data as AI Firms Exhaust Open Web
The bidding war with Mercor signals a structural shift: as training material from the public internet depletes, tech companies are competing aggressively for proprietary corporate datasets.
Poolin Bankruptcy Auction Targets Texas Mining Sites to Cover $163.7M Debt
The Singapore-based Bitcoin mining pool, once a sector leader, filed Chapter 11 on July 22, two years after freezing user withdrawals.
Parker Files Chapter 11, $20M Burn Rate Highlights Fintech Capital Squeeze
The corporate spend management platform burned through venture capital as market conditions tightened for growth-at-any-cost models