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Bankruptcy

News and updates about Bankruptcy

'Drastic cost-cutting measures' needed to save Zionist Federation UK

Zionist Federation UK to be restructured in the wake of financial problems that have reportedly left it only weeks away from insolvency.

'Drastic cost-cutting' needed to save Zionist Federation UK

'Tuv Lev' helps tableware store facing bankruptcy

Lev Tov, which operates soup kitchen in Netanya, purchased all the goods from disposable tableware store facing bankruptcy.

'Tuv Lev' helps tableware store facing bankruptcy

Hertz files for bankruptcy protection

American car rental company files for bankruptcy protection in the wake of the coronavirus pandemic.

Hertz files for bankruptcy protection

What is to become of our money?

Are we going to go back to the Middle Ages economically? Op-ed.

What is to become of our money?

Boy Scouts of America files for bankruptcy

The bankrupty request may protect them from jury trials, but not from payouts to victims.

Boy Scouts of America files for bankruptcy

Barneys' stores to be sold off after 96 years in business

Century-old department store chain Barneys New York to be sold off after company declared bankruptcy in August.

Barneys' stores to be sold off after 96 years in business

Sackler family-owned Purdue Pharma files for bankruptcy

Purdue Pharma files for bankruptcy as part of $12 billion OxyContin settlement.

Sackler family-owned Purdue Pharma files for bankruptcy

Germania airline goes bankrupt

Berlin-based airline files for bankruptcy, announcing cancellation of all its flights, including those to and from Israel.

Germania airline goes bankrupt

Report: Sears to declare bankruptcy next week

Iconic retail giant Sears and affiliate Kmart expected to declare bankruptcy Monday.

Report: Sears to declare bankruptcy next week

Tens of thousands to lose jobs as Toys R Us closes all stores

Toy giant to close all stores in the US, affecting toy manufacturers and leaving thousands unemployed.

Tens of thousands to lose jobs as Toys R Us closes all stores

Retail giant Toys 'R' Us files for bankruptcy

America's largest toy store chain files for bankruptcy ahead of holiday season. Future of company's 1,600 US stores uncertain.

Retail giant Toys 'R' Us files for bankruptcy

How Did Israel Avoid A Greek-Style Bankruptcy?

Once mired in debt itself, as Greece is, Israel managed to pull itself up by its bootstraps, Prof. Eugene Kandel told the cabinet Sunday.

How Did Israel Avoid A Greek-Style Bankruptcy?

Maariv Workers Plan Police Complaint Against Owner

The revival of bankruptcy proceedings against Maariv has set off long-lingering tensions between workers and management.

Maariv Workers Plan Police Complaints Against New Owner Ben Tzvi

Abramowitz Loses Better Place Purchase

Better Place will be sold to the Merkur-CCGI, after Yosef Abramowitz's Sunrise consortium failed to close the deal.

Abramowitz Loses Better Place Purchase

The End of the Dream? Better Place to Dissolve

Company that planned to make Israel the first country with an electric car network announces plans to dissolve.

The End of the Dream? Better Place to Dissolve

Airline Leaves Israelis Stranded in Ukraine

Dozens of Israelis have been stranded since Sunday in Kiev after the airline with which they had flown, AeroSvit, went bankrupt.

Bankrupt Airline Leaves Israelis Stranded in Ukraine

Kodak Sells off Half a Billion in Patents

US photography giant Kodak has agreed to sell its digital imaging patents for $525 million to help it emerge from bankruptcy protection.

Amid Bankruptcy, Kodak Sells off Half a Billion in Patents

France Seeks to Avoid a Downgrade

France's slumping growth has caused a balooning deficit. The French banking sector is overexposed to Greek debt.

French Banks Suffering From Hellenic Overexposure

Agrexco's Fate Unclear

The fate of Agrexco, the largest exporter of Israeli produce, may be decided in a Tel Aviv court Wednesday.

Agrexco's Fate Hangs in the Balance

Contractor Another Freeze Victim

It appears that another Israeli construction company has fallen victim to the government's building freeze policies in Judea and Samaria.

Contractor May Go Bust, Another Victim of the Building Freeze