Bankruptcy News
Latest articles and news about Bankruptcy on AXL Media.
Latest Articles
- Luxury Auckland Car Dealer Declared Bankrupt Following Six Year Legal Battle Over Stolen 1969 Jaguar E-Type
Published: Apr 21, 2026
Section: Australia & Oceania
Alexander Beacham, the former head of Beacham European, has been adjudicated bankrupt after selling a stolen classic vehicle to a customer for $100,000. The court rejected Beacham'...
- California Developer Set to Plead Guilty in Massive $100 Million Real Estate Ponzi Scheme
Published: Apr 15, 2026
Section: Analysis
Ken Mattson, the former CEO of LeFever Mattson, has agreed to plead guilty to federal wire fraud charges after prosecutors detailed a 15 year scheme that defrauded hundreds of inve...
- Commerce Tribunal Initiates Judicial Recovery for Air Calédonie Amid Financial Crisis
Published: Apr 15, 2026
Section: Mergers & Acquisitions
A Commerce Tribunal in New Caledonia has officially launched a judicially-supervised recovery process for Air Calédonie, the territory’s primary domestic airline, which currently s...
- Parental Dilemma: Daughter Rejects Financial Counseling After Frivolous Spending Habits Trigger Family Conflict
Published: Apr 12, 2026
Section: US & Canada
An Ohio father is seeking guidance after his 43-year-old daughter refused free financial counseling despite a history of bankruptcy and chronic debt. The dispute highlights a cycle...
- New Caledonia Domestic Carrier Files for Bankruptcy Amid Escalating Airport Blockades
Published: Apr 2, 2026
Section: Companies & Industry
Air Calédonie (AirCal) has officially filed for bankruptcy following a month of customer-led blockades that have grounded its fleet of ATR-72 aircraft. The protests, sparked by a c...
- Bankruptcy Trustee Report Exposes "Fatal Flaw" in Epic Companies' $41 Million Real Estate Financing Structure
Published: Mar 28, 2026
Section: US & Canada
A comprehensive report by Lighthouse Management Group has detailed the systemic collapse of West Fargo-based developer Epic Companies, revealing millions in unrecovered loans and a...
- Greenpeace appeals 345 million dollar judgment in north dakota pipeline protest lawsuit
Published: Mar 6, 2026
Section: Crime
An environmental advocacy group has vowed to fight a finalized court judgment that could lead to its bankruptcy following a decade long legal battle over the Dakota Access Pipeline...
- Swiss Senate moves to broaden unemployment insurance access for entrepreneurs and their working spouses
Published: Mar 3, 2026
Section: Politics
The Swiss Senate has approved a legislative proposal to simplify unemployment benefit access for business owners and family members employed within their firms. The measure address...
- IOM Report: Philippines Ranks Second Globally as Country of Origin for Human Trafficking Victims
Published: Feb 16, 2026
Section: Crime
The International Organization for Migration (IOM) has identified 13,313 Filipinos among 125,000 trafficking victims recorded worldwide, placing the Philippines second only to Ukra...
- Amazon Vows to Sustain High-End Fashion Platform as Saks Global Seeks Exit Amid Bankruptcy Turmoil
Published: Feb 13, 2026
Section: Online Shopping
Despite a deteriorating partnership and legal friction, Amazon is moving forward with its independent luxury storefront after Saks Global signaled a departure from the collaboratio...