Red Lobster, which filed
for Chapter 11 bankruptcy in Florida on Sunday night, is
investigating the role its majority owner Thai Union played in
the restaurant chain s endless shrimp promotion that.
Red Lobster Probes Endless Shrimp Losses After Bankruptcy Filing usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
By Dietrich Knauth NEW YORK (Reuters) - Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant chain's "endless shrimp" promotion that caused $.
Crypto lender Genesis
Global received court approval on Friday to return about $3
billion in cash and cryptocurrency to its customers in a
bankruptcy liquidation, leaving its owner, Digital. -May 17, 2024 at 07:46 pm EDT
- MarketScreener
Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy. Crypto prices have risen sharply since Genesis filed for bankruptcy, and DCG and Genesis disagreed over who should benefit from the rise in prices.