88 Results for

creditors

Article

Creditors may oust Sirius XM chief

Group says it will seek the removal of CEO Mel Karmazin if the company chooses bankruptcy over a deal with an investor that would allow it to remain solvent.

By February 15, 2009

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Creditors begin a Thanksgiving feast with the ultimate parasite, SCO Group

SCO is being eaten alive. Finally.

By November 16, 2007

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Mt. Gox reportedly dumps rebuilding plans in favor of liquidation

Shuttered Bitcoin exchange has asked a Tokyo court for permission to liquidate, citing the complexities in such a rehabilitation process, the Wall Street Journal reports.

By April 15, 2014

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Mt. Gox liquidation given go-ahead by Tokyo court

The court has ordered the bankruptcy trustee to start liquidating the assets of the embattled bitcoin exchange.

By April 24, 2014

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​Korean handset maker Pantech faces bankruptcy with $475M debt

The third largest phone maker in Korea continues to post losses while still owing debt to various entities, including Korea's three carriers.

By July 2, 2014

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Mt. Gox approved for Chapter 15 bankruptcy protection in US

The defeated Bitcoin exchange, which claims to have lost nearly $400 million to hackers, is ordered to hand over any remaining bitcoins to US and Canadian customers.

By June 17, 2014

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OnLive was deep in debt, running out of cash, and 'had days to live'

The trustee evaluating the online gaming company's finances tells the San Jose Mercury News that the company had $30 million to $40 million in debt and little cash to pay.

By August 22, 2012

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OnLive acquired for just under $5 million

The cloud-gaming company was saddled with debt and was near closing before it received a new lease on life.

By October 10, 2012

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New Fiskers will have V-8s or batteries, Wanxiang says

Chinese auto parts supplier Wanxiang plans to offer repurposed Fisker Karma's with V-8 engines capable of bringing the car to 200 mph.

By February 21, 2014

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Winklevoss twins: Bitcoin could be the 'currency of a country'

Having recently filed plans to start the Winklevoss Bitcoin Trust, the Harvard-educated twins of Facebook lawsuit notoriety plug Bitcoin as a potential currency for economically depressed nations.

By September 17, 2013