bankruptcy
- Auto
Automotive supplier takes over Ann Arbor ‘light therapy’ startup out of bankruptcy
Automotive supplier Eypex Corp. has taken over an Ann Arbor-based therapy device startup after its founder was stripped of the…
Read More » - Technology
SVB Financial files for Chapter 11 bankruptcy protection in the SDNY Bankruptcy Court and "believes it has approximately $2.2B of liquidity" (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: SVB Financial files for Chapter 11 bankruptcy protection in the SDNY Bankruptcy Court and “believes it…
Read More » - Technology
Filing: crypto lender BlockFi, which filed for bankruptcy protection in November 2022, has $227M in uninsured funds in Silicon Valley Bank (Sarah Wynn/The Block)
Sarah Wynn / The Block: Filing: crypto lender BlockFi, which filed for bankruptcy protection in November 2022, has $227M in…
Read More » - Technology
Railsr, the UK-based embedded finance tech startup formerly called Railsbank, goes into bankruptcy under new consortium owner; it was valued at ~$1B in 2021 (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: Railsr, the UK-based embedded finance tech startup formerly called Railsbank, goes into bankruptcy under new consortium…
Read More » - Technology
A New York bankruptcy judge says the sale of Voyager Digital's $1B+ worth of assets to Binance.US can move forward, overruling objections by the SEC and others (CoinDesk)
CoinDesk: A New York bankruptcy judge says the sale of Voyager Digital’s $1B+ worth of assets to Binance.US can move…
Read More » - Technology
Analysis: at least eight companies that went public via SPACs filed for bankruptcy since June 2022, almost 100 are spending unsustainably, and 73 trade below $1 (Bloomberg)
Bloomberg: Analysis: at least eight companies that went public via SPACs filed for bankruptcy since June 2022, almost 100 are…
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Inside FTX's final hours, described by employees, chat logs, and Sam Bankman-Fried: panic selling assets, trying to raise funds, SBF's silence, and bankruptcy (Financial Times)
Financial Times: Inside FTX’s final hours, described by employees, chat logs, and Sam Bankman-Fried: panic selling assets, trying to raise…
Read More » - Technology
Gemini will contribute up to $100M to Genesis' bankruptcy recovery, mainly for its Earn users, who had ~$900M of assets frozen when Genesis paused withdrawals (CNBC)
CNBC: Gemini will contribute up to $100M to Genesis’ bankruptcy recovery, mainly for its Earn users, who had ~$900M of…
Read More » - Technology
Alameda Research sues Voyager Digital for more than $445.8M, seeking to recover loan repayments that it made after Voyager filed for bankruptcy in July 2022 (Stephanie Murray/The Block)
Stephanie Murray / The Block: Alameda Research sues Voyager Digital for more than $445.8M, seeking to recover loan repayments that…
Read More » - Business
Bed Bath & Beyond can’t pay creditors, bankruptcy looms
FOX Business host Stuart Varney argues Biden’s economic remarks are a ‘distraction from his document fiasco.’ Bed Bath & Beyond…
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