liquidation News
Latest articles and news about liquidation on AXL Media.
Latest Articles
- Spirit Airlines collapses after 34 years as fuel costs double amid Iran war hostilities
Published: May 2, 2026
Section: Oil
Spirit Airlines has officially ceased all operations, marking the first major U.S. aviation casualty of the two-month-old Iran war. The Florida-based discount carrier entered total...
- Evergrande Founder Hui Ka Yan Pleads Guilty to Fraud and Bribery After Three Year Detention
Published: Apr 14, 2026
Section: Crime
The former billionaire architect of China Evergrande Group, Hui Ka Yan, has entered a guilty plea for fundraising fraud and bribery following the spectacular collapse of his real e...
- Waltman Furniture to Liquidate 75-Year-Old Pennsylvania Retail Operation as Owner Announces Retirement
Published: Apr 7, 2026
Section: Companies & Industry
Iconic furniture retailer Waltman Furniture will begin a final liquidation sale on April 9, marking the end of its 75-year tenure in the Pennsylvania home furnishings market. The c...
- Mapletree Liquidation Triggered as Investors Revolt Against Student Housing Fund Extension Amid Declining Returns
Published: Mar 28, 2026
Section: Real Estate / Property
Mapletree Investments is moving to liquidate its 700 million dollar Global Student Accommodation Private Trust after more than 90 percent of investors rejected a proposed life exte...
- South Africa’s Sugar Industry Faces Crisis as 134-Year-Old Tongaat Hulett Moves Toward Liquidation
Published: Feb 16, 2026
Section: Companies & Industry
The business rescue practitioners for Tongaat Hulett have applied for provisional liquidation after a failed recovery plan, threatening the collapse of South Africa’s primary sugar...