Bankruptcy
The company collapsed - then sold its employees' messages to Google for $10 Million
Bankrupt Spirit Airlines sold millions of employee messages and internal files to Google for $10M, providing real-world data for AI training.
Lahav 433 questions figure close to senior Likud circles over alleged concealment of assets
Fashion chains Onot and Jump file urgent application for stay of proceedings
How New York’s ‘summer camp kings’ left Israeli investors burned
OxyContin maker Purdue Pharma files for bankruptcy protection
Purdue's board met Sunday evening to approve the long-expected bankruptcy filing, which the company is pursuing to restructure under terms of a proposal to settle the widespread litigation.
UK restaurant sector sees 20% increase in insolvency
A reported 825 restaurants and bars closed down due to lack of finances in 2016 and this number increased to 1,000 in 2017.
Knesset panel advances revolutionary bankruptcy legislation
Bill emphasizes overall economic gains over liquidation and punishing debtors.
The Travel Adviser: When an airline goes bankrupt
When an airline says they’re running out of money or the controlling interest cuts off the pipeline, wise consumers had best be prepared.