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Headlines
Light Files for Chapter 15 Bankruptcy
Light has filed for bankruptcy protection in the U.S., a step by the Brazilian electric utility company to complete a restructuring deal that creditors approved in May in its home country, WSJ Pro Bankruptcy reported. Light on…
Over Two-Fifths of Singapore Bankruptcy Orders in the First Half of 2024 Due to Business Failures: MAS
Slightly over two-fifths of the bankruptcy orders in the first half of 2024 were due to business failures, with debtors borrowing from various sources including banks, credit card issuers, licensed moneylenders and private…
Mt Gox Extended to 2025, 11 Years After Theft and Bankruptcy
The Japanese bankruptcy trustee overseeing funds from defunct Bitcoin exchange Mt. Gox has extended its payout deadline by yet another year. Many who’d looked forward to the end of October 2024 to find out if they’d receive a…