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Icarus Signals. The home of economic insight
Thursday, 7 December 2023

Tags: bankruptcies

Deutsche Bank Can Sue Madoff Feeder Funds Over $1.6 Billion Claims Sale

Posted on March 27, 2021 by TeamIcarus | 0 Comments
NEW YORK (Reuters) - A U.S. judge said on Friday Deutsche Bank AG may sue two offshore funds for allegedly reneging on an agreement to sell the German bank $1.6…
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Japan Business Leaders Call for Support Under Coronavirus Emergency

Posted on January 8, 2021 by TeamIcarus | 0 Comments
People walk around the Shinjuku neighborhood of Tokyo on Thursday night. Photo: AP/Hiro Komae
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14 of the Biggest Bankruptcies of 2020—and Who Might Be Next in 2021

Posted on December 25, 2020 by TeamIcarus | 0 Comments
One industry after another saw activity grind to a near halt in March as the pandemic broke out in the United States.
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Hertz Seeking Up to $1.5 Billion In Bankruptcy Financing

Posted on August 28, 2020 by TeamIcarus | 0 Comments
Hertz Global Holdings Inc. is on the hunt for a bankruptcy loan totaling as much as $1.5 billion after regulators blocked the rental car company from pursuing a sale of…
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US’s Defense Production Act Kicks Kodak Into Gear

Posted on August 1, 2020 by TeamIcarus | 0 Comments
After having been comprehensively steamrolled by the move to digital cameras in recent years, the once-great American icon has been thrown an epic lifeline. After having filed for bankruptcy in…
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The Retail Bankruptcy Wave May Be Subsiding….but Can It Hold?

Posted on July 30, 2020 by TeamIcarus | 0 Comments
The tsunami of retail bankruptcies, restructurings and liquidations seen since the onslaught of the COVID-19 pandemic has been of biblical proportions. In the US alone, more than 25 retailers and…
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Global Real Estate Investment Continues to Plunge Across the Board

Posted on July 24, 2020 by TeamIcarus | 0 Comments
As we reported here some months ago, the Asian-Pacific region was first to profess ‘business as usual’ in the commercial bond market, with particular reference to the property markets in…
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Robinhooders Set for a Monday Morning Roasting

Posted on July 23, 2020 by TeamIcarus | 0 Comments
In recent times, much has been written about the bizarre circumstances that saw bankrupt Hertz being bid by a hoard of freshly minted day-traders. In a story that will likely…
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US Companies Tumble Into Bankruptcy At Fastest Pace Since 2013 Under Coronavirus Stress

Posted on July 1, 2020 by TeamIcarus | 0 Comments
The coronavirus' economic fallout is fueling Chapter 11 bankruptcy filings at the fastest pace since 2013, the Financial Times reported Tuesday. US filings totaled 3,427 on June 24, according to…
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Bankrupt Hertz Terminates Controversial Stock Sale

Posted on June 19, 2020 by TeamIcarus | 0 Comments
Hertz has decided to terminate a controversial stock sale of up to $500 million following the Securities and Exchange Commission criticizing the bankrupt company’s plans.
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