Despite bankruptcy, Virgin Orbit CEO says company will launch again
Synopsis by Washington Post Apr 20 23
After filing for Chapter 11, the company founded by Richard Branson is looking for a suitor ...Read full article 
Washington Post: Despite bankruptcy, Virgin Orbit CEO says company will launch again
Story Details
| Last Updated | Apr 20 23 |
| Total Articles | 1 |
Main Topics
legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts
More news on this subject
Previous
Red Lobster considers bankruptcy to deal with leases and labor costs: Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks ...
chicagotribune.com/2024/04/17/red-lobster-considers-bankruptcy/
Quick Glance: Red Lobster Considers Bankruptcy
- The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.
- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Giuliani loses bid to dismiss $148 million defamation judgment : Rudy Giuliani lost his bid on Monday to dismiss the $148 million verdict handed to him last year ...
thehill.com/regulation/court-battles/4595911-giuliani-loses-bid-to-dismiss-148-million-defamation-judgment/
Billionaire and Virgin Group founder, Richard Branson’s wealth has tumbled by more than half since 2021 to $3bn as SPAC problems gave him ‘a big jolt from the ...
fortune.com/europe/2024/04/09/billionaire-virgin-group-british-richard-branson-wealth-tumbled-half-since-2021-to-3bn-spac-problems-covid-nationwide-natwest/
Virgin Galactic countersues Boeing for : Virgin Galactic countersued Boeing over a project to develop a new space tourism
reuters.com/legal/litigation/virgin-galactic-countersues-boeing-shoddy-work-new-mothership-2024-04-05/
Bankrupt Katie Price 'planning to sell Mucky Mansion and buy £2.5m dream home': Former glamour model Katie Price is reportedly planning a move up north as she ...
mirror.co.uk/3am/celebrity-news/bankrupt-katie-price-planning-sell-32532906
Rocket Report: Delta IV’s grand finale; Angara flies another dummy payload: “We heard loud and clear from customers they wanted these services."
arstechnica.com/space/2024/04/rocket-report-delta-ivs-grand-finale-angara-flies-another-dummy-payload/
Bankruptcy documents detail how GOP NC governor nominee Mark Robinson failed to file federal income taxes for 5 years
abcnews.go.com/US/bankruptcy-documents-detail-gop-nc-governor-nominee-mark/story
Judge warns Giuliani about 'pyrrhic' victory in Florida condo dispute: A U.S. bankruptcy judge said Thursday that Rudy Giuliani could be headed for a "pyrrhic ...
reuters.com/legal/judge-warns-giuliani-about-pyrrhic-victory-florida-condo-dispute-2024-04-04/
Red Lobster may file for bankruptcy protection: report: Seafood restaurant chain Red Lobster may be headed for bankruptcy, according to a published report.
marketwatch.com/story/red-lobster-may-file-for-bankruptcy-protection-report-41f1b001
Adam Neumann shares new details on how he wants to transform apartment living: In an exclusive, Neumann shares why he believes Flow is a tech company and why he ...
businessinsider.com/adam-neumann-opens-up-about-his-startup-transform-apartment-living-2024-4
Fisker Slashes Ocean Prices up to $24K as It Fights to Avoid Bankruptcy: The 2023 Ocean EV SUV's base price has dropped by $14K to $27,437 amid the ...
caranddriver.com/news/a60320119/fisker-ocean-ev-suv-big-price-cuts-possible-bankruptcy/
Iconic ice cream brand files for Chapter 11 bankruptcy: The nearly 100-year-old ice cream retailer seeks to reorganize in Chapter 11.
kansascity.com/news/business/article287708905.html
Donald Trump Poses a Unique Threat to Truth Social, Says Truth Social: A new SEC filing details all the ways that Trump Media thinks Donald Trump himself could ...
wired.com/story/donald-trump-truth-social-risks/
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
Mall retailer considers Chapter 11 bankruptcy as cash dwindles: The popular retail chain has been delisted from the New York Stock Exchange and it has met with ...
star-telegram.com/news/business/article287669605.html
Popular media company files for bankruptcy, plans to liquidate: It has become a very difficult market for companies that produce television shows as media ...
sacbee.com/news/business/article287655865.html
Creditor Betrayals Pit Invesco Against Bain in Bankruptcy Rumble: Matthew Brooks stared at the numbers glowing on his screen in disbelief. Somehow ...
bloomberg.com/news/articles/2024-04-18/creditor-betrayals-pit-invesco-against-bain-in-bankruptcy-rumble
Paid articlePaid
Mall retailer considers Chapter 11 bankruptcy as cash dwindles
kansascity.com/news/business/article287669605.html
Popular national restaurant chain explores Chapter 11 bankruptcy
kansascity.com/news/business/article287758255.html
Another popular beer, brewery brand files Chapter 11 bankruptcy: It has been a dark period for breweries with countless brands going out of business.
charlotteobserver.com/news/business/article287727930.html
Modi’s 100-Day Agenda Includes $1.2 Billion New Cities Plan: Indian government officials are discussing proposals to subsidize interest on home loans ...
bloomberg.com/news/articles/2024-04-18/modi-s-100-day-agenda-includes-1-2-billion-new-cities-plan
Paid articlePaid Bankrupt essential retailer closing more stores across nation: The huge retailer continues closing its stores in bankruptcy.
kansascity.com/news/business/article287567225.html
Another popular beer, brewery brand files Chapter 11 bankruptcy
miamiherald.com/news/business/article287727930.html
Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy, FT reports | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15233591
Fisker in trouble - AUTO BILD: US car manufacturer Fisker wants to significantly reduce its inventory - and is cutting prices both in the USA and in Germany.
autobild.de/artikel/fisker-in-der-bredouille-25714941.html
Diamond Sports to Hold Vote on Bankruptcy-Exit Plan: Diamond Sports Group will hold a creditor vote on a bankruptcy-exit plan backed by Amazon.com Inc ...
bloomberg.com/news/articles/2024-04-17/sports-broadcaster-diamond-to-hold-vote-on-reorganization-plan
Paid articlePaid
Bally Sports owner banks on streaming TV growth, expects Amazon Prime deal by October
stltoday.com/news/local/business/bally-sports-owner-banks-on-streaming-tv-growth-expects-amazon-prime-deal-by-october/article_1283058e-fce4-11ee-a693-03f06c46bcf9.html
Bankman-Fried appeals FTX fraud conviction, 25-year sentence: Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars ...
reut.rs/4cVrIYw
Oberweis Dairy to lay off 127 workers in wake of bankruptcy filing: The family-owned North Aurora dairy told the state that layoffs would begin June 11 because ...
chicagotribune.com/2024/04/16/oberweis-dairy-layoffs-bankruptcy/
Award-winning Chinese processor design company Huaxia Chip files for bankruptcy — firm’s CPU, DSP, GPU, and AI processor IPs in limbo
tomshardware.com/tech-industry/award-winning-chinese-processor-design-company-huaxia-chip-files-for-bankruptcy-firms-cpu-dsp-gpu-and-ai-processor-ips-in-limbo
Rangers, Mavs broadcaster Diamond Sports readies for vote on bankruptcy plan: Diamond Sports Group will hold a creditor vote on a bankruptcy-exit plan backed by ...
dallasnews.com/business/2024/04/17/rangers-mavs-broadcaster-diamond-sports-readies-for-vote-on-bankruptcy-plan/
Report: Detroit home values increased nearly $4B since bankruptcy: A University of Michigan report examined how much wealth Detroit homeowners accumulated since ...
freep.com/story/news/local/michigan/detroit/2024/04/17/detroit-home-value-report-increase-bankruptcy/73346254007/
China is blacklisting debtors from social services like trains, hotels: So-called deadbeat debtors are stigmatized, face travel restrictions and have trouble ...
businessinsider.com/china-blacklisting-debtors-trains-hotels-bankruptcy-2024-4
PE-owned healthcare saw surge in 2023 bankruptcies, report says: Private equity-backed firms accounted for around 20% of healthcare company bankruptcies last ...
modernhealthcare.com/finance/private-equity-healthcare-2023-bankruptcy-envision-genesiscare-no-surprises-act
Paid articlePaid After Chapter 11 bankruptcy filing retail chain may get lifeline: The popular discount retailer has formally filed for Chapter 11 bankruptcy and hired a firm to ...
charlotteobserver.com/news/business/article287512120.html
AMC Stock Is Rising Again. Bankruptcy Is ‘Inconceivable,’ Says CEO.: Shares of the movie theater chain are rising sharply on Wednesday on the heels of a 10% rise ...
barrons.com/articles/amc-stock-bankruptcy-inconceivable-ceo-fbc9917b
Paid articlePaid
Ex-Man United star Wes Brown speaks out after being declared BANKRUPT: Wes Brown made 362 appearances for United and earned £50,000-a-week as a player at one ...
dailymail.co.uk/sport/football/article-13291567/Ex-Man-United-star-Wes-Brown-earned-50-000-week-player-speaks-time-declared-BANKRUPT-admits-never-right-people-him.html
After Chapter 11 bankruptcy filing retail chain may get lifeline
sacbee.com/news/business/article287512120.html
Insolvency? Recognize warning signs and act correctly in a timely manner: There is a fine line between financial constraints and insolvency. And you have to act ...
businessinsider.de/gruenderszene/perspektive/drohende-insolvenz-so-erkennt-ihr-die-warnzeichen-und-handelt-rechtzeitig/
Paid articlePaid Boeing crisis: How mid-air blowout could imperil DOJ crash agreement from 2021: U.S. authorities are facing fresh pressure from families of the victims of two ...
reuters.com/business/aerospace-defense/how-boeings-latest-crisis-could-imperil-its-2021-doj-crash-agreement-2024-04-09/
Dolton administrator charged with bankruptcy fraud, denied working for village, feds allege
chicagotribune.com/2024/04/16/dolton-administrator-charged-with-bankruptcy-fraud-denied-working-for-village-feds-allege/
Bankrupt S.A.-area company's reps had books, records burned: Lawsuit: Among the defendants named in the lawsuit are Cinch Wireline officials ...
expressnews.com/business/article/bankrupt-s-a-area-company-s-reps-books-records-19405305.php
Law firm Kirkland conflicted in Invitae bankruptcy, DOJ watchdog says: The U.S. Department of Justice's bankruptcy watchdog said on Monday that genetic test ...
reuters.com/legal/government/law-firm-kirkland-conflicted-invitae-bankruptcy-doj-watchdog-says-2024-04-16/
Warning that huge scheme will be council's 'bankruptcy project': Conservative councillor asks for £10m funding for Truro development to be thrown out because he ...
cornwalllive.com/news/cornwall-news/warning-truros-pydar-scheme-cornwall-9228092
Law firm accused of fraud in Louisiana hurricane suits files for bankruptcy in Texas
theadvocate.com/baton_rouge/news/business/mma-law-firm-accused-of-la-hurricane-fraud-files-bankruptcy/article_e9132697-c96d-5f9e-b285-71b4b47b4c7f.html
What does Iowa developers' bankruptcy case dismissal mean for the future of Estates of Waukee?
desmoinesregister.com/story/news/local/waukee/2024/04/16/estates-of-waukee-homes-unclear-developer-vintage-cooperative-ewings-bankruptcy-case-dismissed/73248071007/
VfL Wolfsburg on the brink of sporting bankruptcy: "We now have five final games"
waz-online.de/sport/regional/vfl-wolfsburg-vor-sportlichem-bankrott-wir-haben-jetzt-fuenf-endspiele-R6MMWZA2DFDLFD56RAJYKWBWDY.html
Paid articlePaid After Chapter 11 bankruptcy filing retail chain may get lifeline
sacbee.com/news/business/article287512120.html
Vancouver-based BowFlex sold for $37.5 million: A federal bankruptcy court has approved the sale of Vancouver-based BowFlex to Johnson Health Tech Retail for $37 ...
columbian.com/news/2024/apr/15/vancouver-based-bowflex-sold-for-37-5-million/
At-home fitness company files for Chapter 11 bankruptcy
sacbee.com/news/business/article287446340.html
San Antonio eateries El 7 Mares, Guillermo’s file for bankruptcy: El 7 Mares LLC and Guillermo’s LLC are the latest San Antonio restaurant operators to seek ...
expressnews.com/business/article/el-7-mares-guillermos-bankruptcy-restaurants-19393247.php
This Tandem-Seat Electric Three-Wheeler For Sale Is Surprisingly Cool: This Swiss-made, three-wheeled, tandem-seat electric car for sale is surprisingly cool and ...
thedrive.com/news/this-tandem-seat-electric-three-wheeler-for-sale-is-surprisingly-cool
After making insolvency process creditor-driven, can IBC address the delays: Experts point out that though the IBBI data reflects a steady rise in the total ...
business-standard.com/companies/news/after-making-insolvency-process-creditor-driven-can-ibc-address-the-delays-124041400429_1.html
Paid articlePaid
INDIA bloc’s claim that BJP will change the Constitution shows bankruptcy of ideas: PM Modi
scroll.in/latest/1066490/india-blocs-claim-that-bjp-would-change-the-constitution-shows-bankruptcy-of-ideas-pm-modi
Under the Dome, governor’s race edition: The latest poll, plus Robinson’s past tax debts
charlotteobserver.com/news/politics-government/election/article287608440.html
Latam Airlines Is Looking to Grow After Emerging From Bankruptcy: Seventeen months after exiting bankruptcy proceedings, Santiago-based Latam Airlines Group SA ...
bloomberg.com/news/articles/2024-04-12/latam-airlines-is-looking-to-grow-after-emerging-from-bankruptcy
Paid articlePaid Trichet Sees Public Debt Level More Worrying Than Before Lehman: Government debt has exploded to levels that are more concerning than it was before the ...
bloomberg.com/news/articles/2024-04-12/trichet-sees-public-debt-level-more-worrying-than-before-lehman
Scandinavian Airlines Joining SkyTeam, Getting Air France-KLM Investment: Scandinavian Airlines (SAS) is getting an investment from Air France-KLM ...
onemileatatime.com/news/scandinavian-airlines-skyteam-air-france-klm-investment/
Paid articlePaid
Popular discount retailer shuts down all stores, liquidating: While it has not technically filed for Chapter 11 or Chapter 7 bankruptcy, the company will be ...
sacbee.com/news/business/article287461685.html
Quick Glance: 99 Cents Only to Close All 371 Stores and Cease Longstanding Business
- After more than four decades, 99 Cents Only will close all 371 of its stores and cease its business operations.
- The decision was made due to various challenges, including the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and increasing levels of shrinkage.
- The closure of 99 Cents Only reflects a broader weakness in the dollar-store category, with other major retailers also announcing store closures.
- Established in 1982 in Los Angeles, 99 Cents Only was a trailblazer in single-price retail and faced pressure from rising wages and competition from larger chains.
Sammer rages over Kimmich debate: “This is a declaration of bankruptcy”: Joshua Kimmich has been linked with an early departure from FC Bayern for some time ...
fcbinside.de/2024/04/10/sammer-wuetet-wegen-kimmich-debatte-das-ist-eine-bankrott-erklaerung/
After Chapter 11 bankruptcy filing retail chain may get lifeline: The popular discount retailer has formally filed for Chapter 11 bankruptcy and hired a firm to ...
charlotteobserver.com/news/business/article287512120.html
Tampa senior living facility files for bankruptcy, second in 8 years: Residents are being forced to leave Unisen Senior Living, previously known as University ...
tampabay.com/news/florida-politics/2024/04/11/florida-retirement-community-senior-bankruptcy-unisen-insurance/
Work From Home: Dublin Office Values Crash as Big Tech Cuts Costs: New buildings are falling into bankruptcy in Ireland as big tech firms are slashing headcount
bloomberg.com/news/newsletters/2024-04-09/work-from-home-dublin-office-values-crash-as-big-tech-cuts-costs
Paid articlePaid Eagle Ford Shale firm exits bankruptcy so it can pay workers: Big River Contractors LLC got a court order dismissing its bankruptcy eight days after it sought ...
expressnews.com/business/article/big-river-contractors-bankruptcy-dismissed-19399201.php
From Bankruptcy to The Blueprint: Meet the Multi-Millionaire Founder Empowering Dallas Entrepreneurs With The Business Playbook For Success
essence.com/news/money-career/entrepreneurship/kaila-cherie-bankruptcy-to-blueprint/
WeWork expects to emerge from bankruptcy by the end of May, predicting $8 billion in rental savings
abcnews.go.com/Business/wireStory/wework-expects-emerge-bankruptcy-end-predicting-8-billion-108757180
New owners of bankrupt German retailer Galeria to keep 70 stores open ｜ DPA: The new owners of bankrupt German department store chain Galeria Karstadt Kaufhof ...
nordot.app/1150799434618568721
Will FTX’s customers be repaid?: As Sam Bankman-Fried is locked up, his erstwhile depositors await their fate
economist.com/finance-and-economics/2024/04/04/will-ftxs-customers-be-repaid
Bloomington-based IT company ConvergeOne files for bankruptcy with $1.8 billion in debt
startribune.com/convergeone-c1-it-information-technology-bankruptcy-debt/600358173/
Rio de Janeiro Utility Light Closes Deal With Creditors For Debt Restructuring: Rio de Janeiro’s utility Light SA reached an agreement with creditors ...
bloomberg.com/news/articles/2024-04-11/light-said-to-close-deal-with-creditors-for-debt-restructuring
Paid articlePaid
Owner of San Jose office building headed for foreclosure goes bankrupt: The owner of a San Jose office building whose loan has toppled into delinquency and ...
mercurynews.com/2024/04/11/san-jose-real-estate-office-build-loan-foreclose-buy-sell-economy-tech/
Pennies From Heaven: Dollar Tree, Dollar General Boosted by 99 Cents Bankruptcy: Dollar Tree could be the biggest beneficiary as 99 Cents Only Stores closes ...
barrons.com/articles/dollar-tree-stock-dollar-general-99-cents-2034cb1b
Paid articlePaid
Rite Aid to close 39 more stores, including 6 in Pa.: The company has announced the closing of more than 400 of its stores since filing for bankruptcy in October ...
pennlive.com/news/2024/04/rite-aid-to-close-39-more-stores-including-6-in-pa.html
Paid articlePaid
Downtown Marriott files Chapter 11. It stays open while reorganizing, including public debt
jsonline.com/story/money/real-estate/commercial/2024/04/11/milwaukee-marriott-files-for-chapter-11-bankruptcy-hotel-remains-open/73286242007/
Popular shoe brand files for Chapter 11 bankruptcy
kansascity.com/news/business/article287392045.html
Ex-Man United star speaks out for first time since being declared bankrupt: Former Manchester United star Wes Brown has broken his silence after being declared ...
independent.co.uk/tv/sport/man-united-wes-brown-bankrupt-b2526473.html
B.C. Transit sending back loaner electric bus as it looks for new supplier: Proterra previously won a $20-million contract to provide B.C. Transit with 10 ...
timescolonist.com/local-news/bc-transit-sending-back-loaner-electric-bus-as-it-looks-for-new-supplier-8583370
Today in Norway: A roundup of the latest news on Thursday: Potential public transport bankruptcy could lead to a billion kroner loss for Oslo ...
thelocal.no/20240411/today-in-norway-a-roundup-of-the-latest-news-on-thursday-148
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics