Bankruptcy & Restructuring News Headlines for Monday Jun 19, 2023

Here's what we are reading this morning:

Nikola Founder Trevor Milton Calls for New Leadership - Bloomberg: Nikola Corp. founder Trevor Milton called for leadership change at the electric-truck maker and urged shareholders to vote against company-backed proposals in his first social-media posts in years.

SQI Diagnostics Announces Receipt of Intention to Enforce Security from Pivot Financial and Anticipated Voluntary Bankruptcy Filing: SQI Diagnostics Inc. announced that the Company's board of directors has received a notice of intention to enforce security issued by its senior secured creditor, Pivot Financial I Limited Partnership, under Section 244(1) of the Bankruptcy and Insolvency Act

Alta Acts in Response to Disclosures by Mallinckrodt and Foreshadowing of Bankruptcy Filing: Alta's Schedule 13D disclosed Alta's issuance of a letter earlier today to Mallinckrodt's Board of Directors requisitioning the Board to convene an extraordinary general meeting of Mallinckrodt's shareholders.

Binance.US's market share nosedives after SEC lawsuit | The Block: Binance.US's marketshare has shrunk in the wake of the US Securities and Exchange Commission's lawsuit against it and Binance.

Older Post Newer Post