Tag: Bankruptcy
SVB Securities Sale Has One Lonely Bidder In Parent Firm’s Bankruptcy
Silicon Valley Bank’s former parent has reportedly drummed up little interest in its investment business.
“At this time, there is one bid that is currently...
Martin Shkreli-Founded Drug Company Files For Bankruptcy
The company established by Martin Shkreli, also known as the "Pharma Bro" for increasing the cost of an old drug by 4,000%, has submitted...
Crypto Contagion – Managing Risk on Multiple Fronts
By: Proskauer on Private Equity
Crypto firms going bankrupt and the resulting chaos they have brought upon the crypto ecosystem will continue to hurt liquidity...
Musk Warns Twitter Bankruptcy Possible As Senior Execs Flee
Elon Musk has reportedly told Twitter employees that the company could go bankrupt.
In addition, two members of Musk’s new leadership team at the social media platform...
FTX Searching For $9.4 Billion Investment To Avoid Bankruptcy
In the wake of the collapse of Binance’s buyout of crypto trading competitor FTX, FTX’s CEO Sam Bankman-Fried has begun the search for new...
Mallinckrodt To Face Antitrust Suits As It Files For Chapter 11
Mallinckrodt filed for bankruptcy last year to resolve thousands of lawsuits accusing it of fueling the opioid epidemic, but now faces new antitrust claims.
According...
China/US: Telescope maker files for bankruptcy after losing antitrust case
Irvine telescope maker Meade Instruments has filed for bankruptcy protection just days after its Chinese owner lost an antitrust case alleging a conspiracy to...
EU: Lufthansa spared antitrust probe after rival’s collapse
Germany's antitrust agency has decided against opening proceedings against Lufthansa over steep price increases following the bankruptcy of former rival Air Berlin last year,...
