Tug of War: District Court Versus Bankruptcy Court Over the Heart of Subchapter V: Appellate rulings in a California bankruptcy case have the potential to upend a bedrock principle of Subchapter V plans.
How Hector DAO’s Bankruptcy Case Is Shaping the Future of DeFi: The US Bankruptcy Court recently broke new legal ground by recognizing a decentralized finance entity—a decentralized autonomous organization—as a debtor for the first time
Charting Pitney Bowes Global Ecommerce’s path to bankruptcy | Supply Chain Dive: Court filings detail the years-long struggle of Global Ecommerce, or GEC, to become profitable and subsequent efforts by Pitney Bowes to offload the business
Elliott Jumps the Line in Debt Deal With Ex-McAfee Unit - Bloomberg: Drop-down transaction allows company to raise fresh liquidity
Venture-Backed Startups Going Bankrupt at Alarming Rate: Data from Carta, a provider of services to private companies, reveals that 254 venture-backed clients went bankrupt in the first quarter of 2024, a rate more than seven times higher than in 2019
Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis - WSJ: Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks’ balance sheets
Kaiyo says it will 'wind down' business by the end of the month: The company is reportedly “winding down” operations, as The City reported, but has not made a public announcement about the startup’s operational status
