EXCLUSIVE: How Greenpeace’s Pipeline Protests Ultimately Led It To The Brink Of Bankruptcy
Greenpeace’s Dakota Access Pipeline, a 2016 and 2017 energy transfer protest campaign, was one of the group’s most well-known and popular initiatives. Nine years later, that extremely crusade put the Legacy Green Group on its knees. North Dakota ju-deciding on March 19th that Greenpeace was responsible $667 million The target developer of Dakota Access Pipeline […]
Iconic American Restaurant Chain TGI Fridays Files For Bankruptcy
Iconic American restaurant chain TGI Fridays has filed for Chapter 11 bankruptcy, the company announced Saturday. TGI Fridays boasts over 160 locations in the US placepointed to the COVID-19 pandemic as a “key driver of financial challenges.” of statement It went on to explain that Chapter 11 filings will help restaurants “explore strategic alternatives to […]
Red Lobster moves closer to exiting bankruptcy
Red Lobster is nearing the end of its worst days as the struggling seafood restaurant chain prepares to emerge from bankruptcy. A U.S. judge on Thursday approved the company's restructuring plan, clearing the way for the casual dining chain to emerge from Chapter 11 bankruptcy protection. Red Lobster, known for its unlimited shrimp dishes and […]
Economic Crisis Claims Another Victim As More Than 130 Pizza Hut Locations File For Bankruptcy
Pizza Hut franchisee EYM Pizza LP filed for Chapter 11 bankruptcy protection on Monday. The lawsuit in the Eastern District of Texas could result in the closure of about 140 Pizza Hut locations across the South and Midwest. according to To NRN: EYM apparently owes Manufacturers Bank more than $21 million and Pizza Hut itself […]
Rudy Giuliani’s Bankruptcy Case Thrown Out By Federal Judge
Former Republican Mayor of New York City Rudy Giuliani's bankruptcy filing was rejected by a federal judge Friday, clearing the way for his effort to collect a $150 million judgment. Giuliani initially filed for bankruptcy in December after a judgment was entered in favor of Georgia election officials Ruby Freeman and Wondrea Arshay Moss. In […]
Rudy Giuliani Abruptly Agrees To Withdraw Bankruptcy Case Moments Before Hearing
Rudy Giuliani suddenly agreed to withdraw his bankruptcy filing just before his trial on Wednesday, Law & Crime reported. Giuliani's bankruptcy proceedings reversed course during a hearing on Wednesday, which resulted in the dismissal of his Chapter 11 bankruptcy reorganization. Giuliani had initially sought conversion to Chapter 7, which would have allowed him to liquidate […]
Alcatraz Tour Company Files For Bankruptcy: REPORT
The Hornblower Group, which operates Alcatraz city cruise tours, filed for bankruptcy on Wednesday following the economic disruption caused by the coronavirus pandemic. Hornblower Group says it carries an average of 1.7 million guests a year on Alcatraz cruises. Website. Alcatraz Island was once a military fortress turned into an infamous prison that housed famous […]
‘Like A Business Going Into Bankruptcy’: US Military Is Stretched Too Thin To Deal With Threats, Report Says
The U.S. military is “weak” overall, according to the Heritage Foundation's 2024 U.S. Military Strength Index released Wednesday. Dakota Wood, senior defense planning fellow at Heritage, told the Daily Caller that all branches of the military and U.S. nuclear and missile defense assets are too old, too weak, and too unprepared to handle multiple major […]
Decade after bankruptcy, Jefferson County refinances $2.24B debt
Jefferson County today completed the refinancing of $2.24 billion in sewer revenue warrants, achieving total savings of $1.17 billion, officials announced today.movement Reduce county payments on overall sewer debt. More than a decade has passed since the Jefferson County Commission passed the largest local bankruptcy filing in history in 2011. Since then, Jefferson County officials […]
Second-Largest Radio Broadcaster Audacy Files For Bankruptcy Protection
Variety reported that major broadcasting company Audacity announced on Sunday its decision to file for Chapter 11 bankruptcy protection. The move is aimed at significantly reducing the company's financial burden and reducing its debt by about 80%, according to the company. variety. Audacy, which ranks as the second largest radio broadcaster in the United States […]
