EU votes on €210bn Russian assets for Ukraine
EU leaders meet in Brussels to decide on releasing €210bn in frozen Russian assets to fund Ukraine's war effort. A crucial test of European unity without US backing. Read the latest analysis.
Category : Search result: bankruptcy
Tricolor Holdings Executives Charged with Fraud
Founder Daniel Chu and executives of bankrupt subprime auto lender Tricolor Holdings face federal fraud charges over a years-long scheme that led to a billion-dollar collapse. Read the full details.
Brittany Higgins and David Sharaz declared bankrupt
Brittany Higgins and her husband David Sharaz have been declared bankrupt after losing a defamation case to former minister Linda Reynolds. Read the full details and implications.
Enron Files for Bankruptcy: 2 December 2001
On this day in 2001, energy giant Enron filed for Chapter 11 bankruptcy in the biggest corporate collapse in US history. Discover the story of fraud, ambition, and failure. Read the full analysis.
Archbishop Apologises to Clergy Abuse Survivors
New Orleans Archbishop Gregory Aymond apologises to survivors of clergy abuse during a bankruptcy hearing for a $230m settlement. Discover the case details and what happens next.
SEND funding crisis pushes London councils to brink
London councils warn of bankruptcy as a 134% rise in children with special educational needs outpaces government funding. The capital faces a £500m deficit.
Sacklers Pay $7bn in Opioid Settlement After Court Ruling
A federal judge has approved a $7bn opioid settlement requiring the Sackler family to pay over 15 years. The deal directs funds to combat the US opioid crisis and provide compensation to victims.
New Orleans $230m clergy abuse settlement trial starts
Federal bankruptcy judge to decide if $230m settlement for 650 clergy abuse survivors is fair. Three-week trial begins amid parish financial concerns.
SEND funding crisis pushes councils to brink
Spiralling special educational needs costs threaten to bankrupt most English councils by 2028. Experts demand urgent government action to fix the £6.6 billion deficit. Read the full report.
Judge approves $7bn Purdue Pharma opioid settlement
A US bankruptcy judge confirms a landmark $7bn settlement with OxyContin maker Purdue Pharma, requiring the Sackler family to pay victims and relinquish ownership. Explore the details of this pivotal case.
Hotel chain collapse leaves thousands stranded worldwide
Thousands of hotel guests were abruptly evicted after Sonder's bankruptcy. Marriott terminates partnership, leaving travellers scrambling. Full refunds promised but chaos ensues.
Reynolds-Higgins Bankruptcy Case Stalled by Glitch
Former Senator Linda Reynolds' bankruptcy proceedings against Brittany Higgins face delay due to paperwork issues. Discover the latest developments in this ongoing legal saga.
Louisiana Diocese Bankrupt Over Abuse Claims
The Catholic Diocese of Lake Charles becomes the latest US diocese to seek bankruptcy protection, facing a flood of new sexual abuse lawsuits following Louisiana's expanded legal window for victims.
Birmingham Council Bankruptcy: Financial Crisis Deepens
Birmingham City Council faces unprecedented financial crisis as spending cuts fail to prevent effective bankruptcy. Expert analysis reveals the grim reality for residents and services.
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