bankruptcy
Character.ai files for bankruptcy as Disney makes $20 million asset bid
Character.ai has filed for Chapter 11 bankruptcy protection in Delaware, naming Disney as a $20 million stalking horse bidder for its intellectual property.
Wandsworth Council increases tax by 94% and faces bankruptcy
Wandsworth Council has announced a 94% council tax increase to stave off bankruptcy, while Worcestershire County Council secures permission for a 9% rise.
Jean-Dominique Huynh debts balloon to $667m as property projects fail
Bankruptcy trustees have revealed that Jean-Dominique Huynh’s financial liabilities have climbed to $667 million. Major projects like the Sir Stamford and Nautique are now facing changes under new ownership or receivership.
The Onion continues legal battle to finalize Infowars acquisition
The Onion’s parent company, Global Tetrahedron, continues its protracted legal battle to finalize the acquisition of the Infowars platform. The initiative aims to use parody to address historical misinformation while providing financial relief to the Sandy Hook families.