Bankruptcy

Popular kosher restaurant in Times Square closes permanently

Following bankruptcy filing, Patis Bakery closes two locations, including near Times Square.

Owners of OxyContin to receive immunity from lawsuits

The Sacklers, Jewish family behind OxyContin, will pay $6B in deal that shields them from lawsuits.

Crypto no more? Forex market facing 'existential' crisis

30-year-old Jewish multi-billionaire living in the Bahamas is now facing bankruptcy and is suspected of defrauding millions.

'Drastic cost-cutting' 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.

'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.

Hertz files for bankruptcy protection

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

What is to become of our money?

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

Boy Scouts of America files for bankruptcy

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

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.

Sackler family-owned Purdue Pharma files for bankruptcy

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

Germania airline goes bankrupt

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

Report: Sears to declare bankruptcy next week

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

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.

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.

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.

Maariv Workers Plan Police Complaints Against New Owner Ben Tzvi

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

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.

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.

Bankrupt 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.

Amid Bankruptcy, 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.

French Banks in La Chute

French Banks Suffering From Hellenic Overexposure

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

Agrexco's Fate Hangs in the Balance

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

Contractor May Go Bust, Another Victim of the Building Freeze

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