Lender KfW is to be reimbursed by the German government more than €600 million ($629 million) of Northvolt debt
News Bankruptcy
Northvolt Files For Bankruptcy Protection In US
Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder Peter Carlsson steps down
Northvolt Mulls US Bankruptcy Protection – Report
Troubled battery maker Northvolt reportedly considers Chapter 11 bankruptcy protection in the United States as possible option
Fisker Unable To Migrate EV Data To New Owner’s Server
Firesale buyer files emergency objection, after bankrupt Fisker states it cannot transfer vital EV data to new servers
Fisker Seeks Approval For Firesale Of Remaining EVs
Fisker asks bankruptcy judge for permission to sell remaining Ocean SUV at just $14,000 per EV, down from $70,000
Fisker Files For Chapter 11 Bankruptcy
EV maker Fisker files for bankruptcy protection in the US – the second EV venture led by car designer Henrik Fisker to do so
WeWork Emerges From Bankruptcy Protection
WeWork, once valued privately at $47bn and seen as future of workplace, emerges from bankruptcy protection in US
Questions Surround X/Twitter, After Elon Musk Expletive-Filled Rant
Has Elon Musk sabotaged X going forward? Analysts cite Twitter owner as the biggest liability for the platform
Celsius Network Approved To Exit Bankruptcy
New Jersey-based Celsius Network receives US bankruptcy court approval for a restructuring plan so it can exit Chapter 11
WeWork Files For Bankruptcy Protection In US
WeWork, once valued privately at $47bn and seen as future of workplace, files for bankruptcy in US amidst heavy losses
Google Russia Declared Bankrupt After Bank Account Seizure
Russian subsidiary of Google officially declared bankrupt after authorities in Moscow seized bank account in dispute with Western tech
Ransomware Attack Blamed As Logistics Firm Collapses
Devastating ransomware attack blamed, as veteran firm KNP Logistics enters administration with 730 jobs lost
FTX’s Sam Bankman-Fried Sent To Jail Over Witness Tampering
FTX's Sam Bankman-Fried sent to jail in the US after judge revokes his $250 million bail over witness tampering
Singapore Wealth Fund Cuts Pay Amidst FTX Fallout
Singapore sovereign wealth fund Temasek Holdings cuts staff and senior management pay after writing off $275m FTX investment
Virgin Orbit Shuts Down After Chapter 11 Filing
Sir Richard Branson ends Virgin Orbit operations going forward, with assets being sold off to rivals in space launch sector
Virgin Orbit Files For Bankruptcy In US
Sir Richard Branson satellite launch firm Virgin Orbit files for bankruptcy in US after failing to secure funding, 18 months after Nasdaq debut
Sam Bankman-Fried Allegedly Received $2.2 Billion From FTX Entities
Filings from bankrupt FTX show it made transfers of about $2.2 billion to company founder Sam Bankman-Fried
Avaya Files For Chapter 11 Protection, Again
Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels
Crypto Lender Genesis Files For Chapter 11
Another victim of the fallout from FTX collapse, as crypto lender Genesis files for Chapter 11 bankruptcy protection
Britishvolt Calls In Administrators, After Months Of Struggle
Despite staff at battery start-up Britishvolt in Northumberland taking a pay cut last year, the firm has now filed for administration
Court Rules Celsius Network Owns Customer Crypto Assets
Legal setback for customers of bankrupt Celsius Network, after US judges rules firm owns most of the deposited cryptocurrency
FTX’s Sam Bankman-Fried Pleads Not Guilty To Fraud Charges
Faced a possible 115 years in prison, FTX's Sam Bankman-Fried pleads not guilty to fraud charges, as trial is slated for October
Bitcoin Miner Core Scientific Files For Chapter 11
One of the largest publicly traded crypto mining companies in the US, Core Scientific, is filing for Chapter 11 bankruptcy protection
FTX Founder Sam Bankman-Fried Arrested In Bahamas
Former CEO and founder of collapsed crypto exchange FTX is arrested after the United States files charges against him
DoJ Watchdog Seeks Investigation Into FTX Collapse
Speculator crash of crypto exchange FTX sees bankruptcy watchdog at the US Department of Justice called for 'independent investigation'
Bitfront To Close Down, In Latest Crypto Failure
Latest casualty. Crypto exchange Bitfront confirms it is shutting down amid challenging crypto market, despite best efforts
Crypto Lender BlockFi Files For Chapter 11 Bankruptcy
FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court
FTX Owes Top 50 Creditors $3.1bn
Bankrupt crypto exchange FTX discloses it owes 50 biggest creditors more than $3.1 billion after spectacular collapse this month
Lawsuit Against FTX Founder, As New Boss Slams Previous Management
Class action lawsuit launched against Sam Bankman-Fried, as new FTX CEO slams previous corporate management practices
Failed FTX Exchange Could Have A Million Creditors
As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors