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Thursday 28 September 2023 Dublin: 15°C

# Bankruptcy

This year
Vice Media files for bankruptcy protection in the US ahead of sale
The company’s lenders have agreed to buy it if no better bids can be found.
Richard Branson’s satellite launch company Virgin Orbit files for bankruptcy
Last week, the group said it would cut about 85% of its workforce as it continued to search for a funding lifeline.
Last year
Former Wimbledon champion Boris Becker jailed for two-and-a-half years over bankruptcy charges
The former world number one, 54, was jailed for hiding €2.9 million worth of assets and loans to avoid paying his debts.
Conspiracy website Infowars files for bankruptcy as Alex Jones faces libel lawsuits
Jones previously claimed that the Sandy Hook school shootings did not happen.
All time
Former glamour model Katie Price tells bankruptcy hearing she has 'lost everything'
Price also told the court her son Harvey had been admitted to intensive care.
Boy Scouts of America files for bankruptcy amid thousands of cases of alleged sexual abuse
The 110-year-old organisation is facing a huge compensation plan for abuse victims.
3 years after going bust, Parma back in Serie A
It was their third successive promotion after being dumped into the fourth division.
Official tells court that Sean Dunne is owner of €58 million Dublin 4 property
Dunne denies being the owner of the property and says it was bought in trust for his wife.
US territory of Puerto Rico wants to go bankrupt over $70 billion debt
The island’s poverty rate is over 45%.
Can Mick Wallace still be a TD after being declared bankrupt today?
Wallace said that the court’s decision to declare the Wexford TD bankrupt “was just a matter of time”.
New scheme will see 793 people walk away from bankruptcy today
A new scheme will also be offer free advice from personal insolvency practitioners.
David Drumm has dismissed his entire legal team
He will now represent himself.
Seán Dunne's wife won't profit from the sale of luxury hotel
South Africa’s top court made the decision last week.
Tony O'Reilly is going bankrupt in the Bahamas
The former billionaire is expected to apply for the court protection today.
50 Cent didn't take too kindly to being called 'broke'
The rapper was reported to have declared bankruptcy in July. But he’s still doing OK…
David Drumm has been arrested in the US
The former Anglo Irish Bank CEO will appear in court on Tuesday for an extradition hearing.
50 cent doesn't have a dollar to his name
No, we won’t be partying like it’s your birthday.
50 Cent declared himself bankrupt and the internet quickly reacted
You can always count on the internet for witticisms at times like this.
Over 500% increase in people being declared bankrupt
There has been a 568% increase in the number of bankruptcy adjudications before the courts.
It sounds like David Drumm has backed himself a winner
The ex-Anglo chief has a new defence lawyer who boasts a 90% win rate in white collar crime trials.
David Drumm isn't giving up on his bid to go bankrupt in the US
The former Anglo CEO filed appeal papers last night.
Thinking of going bankrupt? It's a lot cheaper than it used to be...
The cost is now less than a fifth what it was two years ago.
The interesting bits you need to read from the David Drumm ruling
Harsh words.
Full judgement: What the US judge ruled on former Anglo boss David Drumm
The 122 page ruling is damning in its assessment of Drumm’s testimony.
US court calls David Drumm on his "outright lies" as he fails in bankruptcy bid
The judgement was delivered earlier today, calling the Anglo CEO “not remotely credible”.
Irish people in debt are still looking to the UK to fix their money problems
Only 311 insolvency applications have been approved to date in Ireland.
Bankruptcies have increased more than 750% since four years ago
New figures also show a rise in start-ups and a fall in the number of businesses going under.
Nama and Ulster Bank block Sean Dunne's bid to dismiss bankruptcy
Sean Dunne's bankers want to seize his Shrewsbury Road mansion
The bank says it is owed over €12 million for a property it values at €4 million.
Detroit to find out today if it can exit bankruptcy
The city has started turning itself around after filing for bankruptcy protection last year.
Stop paying your mortgage. Don't leave your home - new advice from the IMHO
The IMHO is playing hardball, and will today launch a controversial ‘no surrender’ policy on debt solutions.
Explainer: David Drumm's trial continues in the US - but what's it all about?
It’s day two and Drumm has already admitted to forgetfulness and lying.
Sean Dunne's wife could be questioned during bankruptcy case
The court has also ordered the former developer to produce more financial documents within the next two weeks.
Former Anglo boss David Drumm facing fraud allegations in America
An itemised list of allegations of fraud was handed to a judge yesterday ahead of his bankruptcy trial.
Opinion: Don't let the word 'bankruptcy' scare you, it is now a viable option
Bankruptcy is a recognition and embrace of failure. If properly understood people can emerge from it stronger than before, writes Ross Maguire SC.
Insolvency chief blasts Bank of Ireland
The state-backed lender’s refusal to engage with personal insolvency legislation is in the crosshairs.
Jillian Godsil to run in European elections after scrapping of law barring bankruptees
At the end of February Jillian Godsil was declared bankrupt in Ireland.
MtGox abandons its plans to rebuild and files for liquidation
If the Tokyo court approves of MtGox’s request, a trustee will be appointed, who will take over management of the company’s assets from its CEO, Mark Karpelés.
Ban on bankrupts running for Dáil to be lifted
A government spokesperson said that this was an “essential destigmatisation”. .
Bankrupt Jillian Godsil takes constitutional challenge to run in elections
The campaigner is fighting to be allowed run in upcoming elections, despite her bankruptcy.