Friday, 12th August 2022
<To guardian.ng
Search

bankruptcy

29 Apr
German tennis legend Boris Becker has been sentenced to two and a half years in prison in his bankruptcy case in London. He can still appeal the sentence.
24 Feb
Sri Lanka's ongoing economic meltdown is getting worse day by day. It's the worst financial crisis this island nation of 22 million people has faced since its independence seven decades ago. The country's foreign reserves have been dangerously low in recent months, and experts fear the country is on the verge of default.
5 Dec 2021
Chinese real estate giant Evergrande, saddled with around $300 billion in debt, has been struggling to meet interest payments on its loans. If it collapses, some of its partner firms could be driven to bankruptcy, prospective homebuyers could lose deposits and some banks would lend less money, which would lead to a credit crunch in the world's second-biggest economy. Property developers in China have in fact created an oversupply: there is enough empty property in the country to house more than 90 million people. FRANCE 24's team reports.
14 May 2021
A Texas court has rejected the NRA's bankruptcy case, calling it an attempt to avoid prosecution on fraud charges. The ruling judge said the NRA filing was made to gain "unfair advantage" in litigation.
31 Jan 2021
A corruption lawsuit against the gun-lovers' lobby has pushed the NRA to declare bankruptcy. The group says the move will ensure "sustainable" growth.
5 Dec 2020
The coronavirus pandemic has eroded business for hairdressers across Germany. Now, the Klier Hair Group says it will need to close shops and lay off workers if it is to survive.
22 Apr 2020
Here is why you should pick a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday.
18 Feb 2020
The organization has been accused of covering up decades of sexual abuse thought to have affected thousands. The bankruptcy filing would allow Boy Scouts of America to bring all of the abuse lawsuits into one court.
27 Jun 2019
The Emir of Kano, H.E. Lamido Muhammad Sanusi II, has come ‘under fire’ after he took aim at the Federal Government’s subsidy policies; policies he says will eventually throw Nigeria into bankruptcy.
17 Jan 2019
Guam's Archdiocese of Agana has joined 20 other dioceses and religious orders in the US in filing for bankruptcy protection because of civil litigation alleging decades of clergy abuse of children. The cases are ongoing.

Latest

50 mins ago
US Attorney General Merrick Garland said he "personally" approved the FBI search on Donald Trump's Florida home, and would seek legal approval to reveal more details of why a search warrant had been issued.
51 mins ago
Iran has executed at least 251 people in the first half of 2022, including women defending themselves against domestic violence.
4 hours ago
Stella Assange, wife of WikiLeaks founder Julian Assange, has accused the US of targeting a foreign journalist for exposing war crimes. She told DW that Assange's life depends on his extradition order being dropped.
4 hours ago
"Inherently, space is dual use," says Mark Hilborne, Defense Studies lecturer at King's College London. "That dual use element is quite problematic when we're looking at space generally and identifying what is military and what is not military, and particularly problematic when we're looking at China," he told DW.
6 hours ago
Israel has struck Gaza for a second day, targeting the Islamic Jihad militant group. The group confirmed that one of their top commanders was killed in an airstrike. Palestinian militants have since been firing back.
6 hours ago
A Chinese warship reportedly came closer than 12 kilometers (7.5 miles) to Taiwan as Beijing continues its military drills. But Taipei said it will not be cowed by its "evil neighbor."