Bankruptcy court delays confirmation of Oldenburg reorganization plan U.S. Bankruptcy Court Judge Joseph Rosania will not confirm the reorganization plan — the fourth — filed by Sandra and Lee Oldenburg. 04/18/2024 - 9:53 am | View Link
Bankruptcy Bill Would Weaken Protections for Organizations Facing Sex Abuse Claims New legislation would weaken protections in chapter 11 for organizations that filed for bankruptcy to address sex abuse claims. The bipartisan measure introduced Thursday by Rep. Deborah Ross (D., N.C ... 04/18/2024 - 8:32 am | View Link
Rite Aid delays major bankruptcy hearing to account for creditor deals Rite Aid (RADCQ) delays key court hearing for bankruptcy reorganization plan as it needs more time to include creditor agreements in legal documents. Read more here. 04/18/2024 - 7:46 am | View Link
Worker’s Bankruptcy Nondisclosure Doesn’t Nix Reinstatement Win A Nashville schools executive will still get her old job back despite not disclosing in her personal bankruptcy the job retaliation claim that led a federal judge to order her reinstatement. 04/18/2024 - 4:58 am | View Link
Employees not paid for work after Commerce City pipeline contracting business files for bankruptcy More than 70 employees of a longstanding Commerce City business are out of a job and paycheck after the company filed for bankruptcy earlier this month."It's just a brutal slap in the face," said ... 04/17/2024 - 5:13 pm | View Link
Apple Inc. said that it removed Meta Platforms Inc.’s WhatsApp and Threads from its China apps store after an order from the country’s internet regulator, which said the services pose risks to the country’s security.
The order comes on the heels of a cleanup program Chinese regulators initiated in 2023 that was expected to remove many defunct or unregistered apps from domestic iOS and Android stores.
Ibotta, the Denver-based digital marketing and consumer rebate platform, raised $328 million for its investors and $198 million for itself in an initial public offering that outstripped expectations this week.
Underwriters had expected the company could get between $76 to $84 a share, in an offering that was intended to allow earlier investors to exit with a nice return.