85 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 Feb. 15, 2009

Article

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

SCO is being eaten alive. Finally.

By Nov. 16, 2007

Article

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 Apr. 15, 2014

Article

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 Aug. 22, 2012

Article

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 Feb. 21, 2014

Article

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 Oct. 10, 2012

Article

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 Sep. 17, 2013

Article

The making of King Ludwig's Neuschwanstein Castle

Road Trip 2011: King Ludwig II bankrupted his state of Bavaria by building this fairytale castle, which was still under construction at the time of his mysterious death at age 41.

By Jun. 14, 2011

Article

CEO Steve Perlman leaves OnLive amid insolvency proceedings

As its founder steps down, an investor and a top manager are taking over the struggling company.

By Aug. 27, 2012

Article

Kodak patent auction drags on past deadline

The dollar value of bids so far is likely a disappointment to cash-strapped Kodak, whose digital-imaging patents are sought by groups backed by Google and Apple.

By Aug. 14, 2012