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Page 5 - Bkrt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UK s Cineworld to file for administration as part of restructuring

Embattled cinema chain operator Cineworld Group on Monday said it will file for administration in Britain and suspend trading on the London Stock Exchange next month, as part of a restructuring plan to reduce its massive debt.

FTX sues ex-Clinton aide s investment firm for $700 million

Bankrupt crypto exchange FTX on Thursday sued a former aide to Hilary Clinton and the former aide's investment firm, seeking to claw back $700 million in investments allegedly made with misappropriated FTX funds.

FTX customer names will not be revealed by bankruptcy court

Bankrupt crypto exchange FTX received court permission on Friday to remove customer names from all filings in its bankruptcy case, persuading a U.S. judge that publishing the names would put people at risk of scams and identity theft.

Credit repairer PGX begins bankruptcy with $12 mln loan

Credit repair company PGX Holdings Inc was approved for a $12 million bankruptcy loan on Tuesday, which it will use to auction its assets after the U.S. Consumer Financial Protection Bureau successfully challenged its billing practices.

US mattress maker Serta Simmons receives Chapter 11 plan approval

Mattress maker Serta Simmons Bedding on Tuesday said that its Chapter 11 reorganization plan has been confirmed by a U.S. bankruptcy court, bringing the bedding company one step closer to emerging from bankruptcy.

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