FTX creditors are watching SpaceX's post-IPO stock performance with optimism. The defunct crypto exchange's investment in SpaceX, made before its collapse, could lead to larger payouts for victims of Sam Bankman-Fried's fraud.
Environment Secretary Emma Reynolds has expressed concerns over Thames Water's creditor rescue plan, citing unfair costs to customers and delays to infrastructure and environmental improvements. Special administration is now the most likely outcome, influenced by potential Prime Minister Andy Burnham's preference for public ownership.
Ukraine has paid $2.84 billion to creditors and received $6.03 billion in aid since Jan 1, 2026. The IMF is the largest recipient of Ukraine's loan repayments, totaling $1.07 billion. Ukraine's total debt stands at $208.97 billion.
Nathan River Resources, a Singapore-owned iron ore mine in the NT, has gone into administration owing over $360M, including unpaid wages, royalties, and debts to small businesses, sparking criticism of the NT government for inaction.
Creditors owed over $7 million after the cancellation of Byron Bay's Bluesfest are unlikely to recoup their losses, according to a new financial report. The festival company entered liquidation with only $300,664 in assets to cover debts to over 900 creditors.
Public notice regarding the simple liquidation of the estate of Hayriye Şalgam, whose inheritance was renounced by her closest heirs. Creditors and those claiming rights to assets must register within 30 days.
Hedge fund Elliott Investment Management, led by billionaire Donald Trump donor Paul Singer, is in talks to rescue UK water company Thames Water. Critics fear the deal could allow pollution and prioritize profit over infrastructure, while the government seeks to avoid a market meltdown.
A rescue deal for Thames Water is at risk due to uncertainty over the UK's next Prime Minister. Creditors led by Elliott Management are negotiating with ministers, but potential successor Andy Burnham's stance on public ownership could derail the agreement.
SEOUL, May 7 (Yonhap) -- Creditors of Yeochun NCC, a major producer of ethylene ...
Anna, a domestic helper from the Philippines, had managed her finances well until she took out two loans over the past few months for a friend she described as being “like a mother to me”. The 37-year-old, who asked to be identified only by her first name, now has to pay creditors about HK$9,000 (US$1,149) a month – almost twice her salary – leaving her extremely stressed about her debt. “My friend said she needed the money and asked if I could borrow from banks under my name, saying she would...
Anna, a domestic helper from the Philippines, had managed her finances well until she took out two loans over the past few months for a friend she described as being “like a mother to me”. The 37-year-old, who asked to be identified only by her first name, now has to pay creditors about HK$9,000 (US$1,149) a month – almost twice her salary – leaving her extremely stressed about her debt. “My friend said she needed the money and asked if I could borrow from banks under my name, saying she would...
Aave is asking a New York court to stop creditors from reaching frozen ETH that was set aside for victims of a major DeFi exploit. The fight turns a crypto recovery effort into a legal test over whether stolen assets can be redirected before users are made whole. Aave filed an emergency motion last week […] The post Aave warns $71M exploit recovery could be seized before victims are repaid appeared first on CryptoSlate.
Aave filed an emergency motion last week to free millions in frozen ETH from a restraining order issued against the Arbitrum DAO, turning what began as a coordinated exploit recovery into a court dispute. Aave LLC said the restraining notice was served on Arbitrum DAO on May 1 and seeks to seize approximately $71 million […] The post Aave says creditors are trying to seize stolen ETH before victims get their $71M back appeared first on CryptoSlate.
Spirit Airlines is preparing to cease operations after running out of cash, with a Trump administration rescue attempt appearing to stall. The carrier struggled to secure a deal with creditors and funding to maintain operations. The administration was working on a potential $500 million loan, and Trump suggested the government could buy the carrier. If Spirit liquidates, it will be the first major US carrier to do so since the 2008 recession. The airline has faced challenges from high oil prices and post-pandemic demand, compounded by a blocked $3.8 billion JetBlue merger in 2024.
