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Luminar Hits Chapter 11

America December 15, 2025

Luminar Hits Chapter 11 as Lidar Pioneer Seeks Exit Routes

Luminar Technologies Inc., a developer of lidar systems used to guide autonomous vehicles, has entered Chapter 11 bankruptcy protection in…

By Rihem Akkouche

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America August 24, 2025

Avon’s Talc Trust Survives Insurance Challenge as Delaware Judge Clears Path Forward

By SAMUEL LOPEZ, LEGAL CORRESPONDENT USA HERALD (August 24, 2025) The corporate restructuring machinery churned forward this week as bankrupt…

By Samuel Lopez

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America May 21, 2025

$62.8 Million Investment Scam Gets Real Estate Mogul 87 Months in Prison – DOJ Says He Abused CrowdStreet Funding Platform In His Fraudulent Scheme

Fraud, Opulence, and a Fall from Grace Investor trust betrayed: A respected New York real estate investor funneled over $62.8 million…

By Samuel Lopez

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America March 17, 2025

Forever 21 Plunges into Bankruptcy Again, Facing $1.6 Billion Debt and Potential Store Closures

Key Insights: Iconic fashion retailer Forever 21 files for Chapter 11 bankruptcy, saddled with a $1.58 billion debt. The fashion…

By Samuel Lopez

Omega Therapeutics Hits Chapter 11

America February 10, 2025

Omega Therapeutics Hits Chapter 11

Biotechnology company Omega Therapeutics hit Chapter 11 bankruptcy in Delaware on Monday, listing more than $140 million in debt on…

By Rihem Akkouche

White Forest Resources files for Chapter 11

America February 10, 2025

White Forest Resources files for Chapter 11

West Virginia-based coal mining company White Forest Resources filed for Chapter 11 bankruptcy protection in Delaware, revealing nearly $79 million…

By Rihem Akkouche

Hospital - Brandon Holmes Via Unsplash

America January 12, 2025

Prospect Medical Files Chapter 11: $1 Billion Debt, Facility Sales Planned

California-based hospital operator Prospect Medical Holdings Inc., along with several subsidiaries, filed for Chapter 11 bankruptcy in the Northern District…

By Rochdi Rais

Terraform Labs

America December 31, 2024

Terraform Labs CEO Do Kwon Extradited to U.S. Amid Crypto Fraud Charges

Terraform Labs CEO Do Kwon concluded 2024 with his extradition to the United States, Reuters reports. Kwon faces allegations of…

By Jackie Allen

WOM Gets OK On $500M Takeover

America December 20, 2024

WOM Chile’s $500M Takeover Plan Approved by Bankruptcy Judge

WOM SA, a Chilean mobile phone operator, has received approval from a Delaware bankruptcy court for its $500 million restructuring…

By Rihem Akkouche

Independence Contract Drilling Files for Bankruptcy

America December 3, 2024

Independence Contract Drilling Files for Chapter 11 Bankruptcy

Independence Contract Drilling (ICD), a Houston-based provider of oil and gas drilling services, filed for Chapter 11 bankruptcy protection on…

By Rihem Akkouche

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