Tag Archives: files

WeWork files for bankruptcy with liabilities of up to $50bn

WeWork reported liabilities of as much as $50bn – REUTERS WeWork, the SoftBank Group-backed start-up that was as soon as a darling of Silicon Valley valued at $47bn (£38.7bn), has filed for chapter in the US. The versatile workspace firm, whose meteoric rise and fall reshaped the workplace sector globally, is looking for Chapter 11 chapter safety after its bets …

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Rite Aid files for bankruptcy, set to close more stores

Ceremony Help (RAD) filed for chapter safety on Sunday night time, additional weighing on a inventory that had already tanked as declining gross sales and a looming opioid lawsuit have hung over the retail pharmacy chain. The corporate stated its Chapter 11 chapter submitting will assist resolve litigation claims in an “equitable method” after the Division of Justice filed a …

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SmileDirectClub files for Chapter 11 bankruptcy, eyes restructuring

One ultimate frown for SmileDirectClub (SDC) traders. The tooth alignment outfit filed for voluntary safety underneath Chapter 11 of the US Chapter Code on Friday, Yahoo Finance completely realized. The corporate — hampered by years of losses, weak gross sales for clear aligners, and near $850 million in long-term debt — plans to take care of regular operations because of …

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FTC files antitrust suit against Amazon, alleges retail site is illegal monopoly

The Federal Commerce Fee (FTC) and 17 state attorneys common sued Amazon Tuesday, alleging that its dominant on-line retail retailer Amazon.com is illegally monopolizing two markets. The swimsuit alleges that Amazon holds monopolies in on-line markets for consumers and sellers. In line with the FTC, Amazon is violating U.S. antitrust legislation by degrading client alternative and blocking sellers from promoting …

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Sarasota Commissioner Arroyo files Florida Bar complaint against lawyer after FDLE probe

SARASOTA − Metropolis Commissioner Erik Arroyo accused a legislation agency of attempting to embarrass, intimidate and harass him by utilizing the felony authorized system to achieve authorized leverage, in response to a Florida Bar criticism filed by the previous mayor. Arroyo’s criticism focuses on a doc and alleged communication Bentley Goodrich Kison legal professional Ashley Gaillard offered to prosecutors that …

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Farmington family files lawsuit over fatal police shooting at wrong house

Sep. 15—The household of a 52-year-old Farmington man fatally shot by law enforcement officials who went to the unsuitable residence in response to a caller’s report of home violence has filed a wrongful loss of life lawsuit in opposition to town of Farmington and the three officers who killed him. It was about 11:30 p.m. April 5 when police knocked …

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OLD Trump files motion demanding judge in Jan 6 case recuse herself

Donald Trump speaks at a rally in South Dakota (Getty Photos) Attorneys for former President Donald Trump have filed a movement asking that federal district courtroom decide Tanya Chutkan recuse herself from his  Jan 6 legal case. The movement states that Decide Chutkan has stated in reference to different instances that Mr Trump needs to be prosecuted and imprisoned and …

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