Rudy Giuliani says he shouldnât be forced to sell his $3.5 million Florida condo in a bankruptcy case â because heâll need a place to record his podcasts once his Manhattan apartment is sold, court papers show. The embattled former New York City Mayor filed papers Thursday opposing a bid by a group of creditors […]
Rudy Giuliani says he shouldnât be forced to sell $3.5M Florida condo in bankruptcy case â because he needs it for podcasting
March 30, 2024 by
Audacy, Inc., Second-Largest U.S. Radio Broadcaster, Enters Chapter 11 Bankruptcy Protection
March 12, 2024 by
Well-known radio and podcast company Audacy, Inc. has officially entered into Chapter 11 bankruptcy protection. CNBC reports that earlier this week Audacy, Inc., the second-largest radio broadcaster in the United States, announced it made the move to restructure its finances. This step reportedly aims to reduce the companyâs massive debt load, which currently stands at $1.9
Startup Darling WeWork Teeters on the Brink of Bankruptcy
November 8, 2023 by
WeWork, the flexible workspace solutions company that was once the darling of startup-crazyed Wall Street, is facing the grim reality of bankruptcy, with its stock plummeting to new lows amid ongoing financial turmoil. The Wall Street Journal reports that WeWork, once a titan in the co-working space industry, is on the precipice of filing for Chapter
Richard Branson’s Virgin Orbit to Shut Down Following Bankruptcy, Assets Sold in Auction
July 28, 2023 by
Astrid Stawiarz/Getty Images for SiriusXM Virgin Orbit, the satellite launch provider founded by Sir Richard Branson, has confirmed it is shutting down after selling its facility leases and equipment to three aerospace companies following bankruptcy. CNBC reports that Virgin Orbit, a pioneer in satellite launch services, announced its closure after selling its equipment and facility
Report: Vice Media Preparing to File for Bankruptcy
July 6, 2023 by
Craig Barritt/Getty Images for VICE Media The media company Vice will reportedly soon file for bankruptcy despite being previously valued at $5 billion with deals at major companies. Two sources familiar with the situation told the New York Times that Vice has been looking for a buyer to potentially stave off filing for bankruptcy and