The Business Times

Bankruptcy

Lifestyle

1880 founder Marc Nicholson files for bankruptcy; club’s brand sold to group behind Mandala Club

Spirit’s petition underscores the difficulty facing discount airlines in the US, from high labour costs to the ever-present struggle to grow enough to protect margins.
Transport & Logistics

Spirit Airlines bankruptcy tees up painful cuts in survival bid

Claire’s has been exploring restructuring options, including a possible sale, amid weakened cash flow and a heavy debt burden.
Consumer & Healthcare

Claire’s skips rent payments, moving closer to bankruptcy filing

As at Jan 31, 2025, Del Monte Pacific's net investment value in Del Monte Foods stood at US$579 million.
Companies & Markets

Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy

Three AIA insurance policies worth over S$500,000 were the subject matter in the application taken out by Michelle Lim.
Singapore

Three insurance policies worth over S$500,000 to be part of bankrupt estate of OK Lim’s son, court rules

Del Monte Foods says in its statement that the restructuring support agreement contemplates the company undertaking a going-concern sale process for all or substantially all of its assets.
Global Enterprise

Del Monte Foods files for bankruptcy; SGX-listed parent has over US$700 million exposure to US unit

Short sellers, bearish investors who make money when a stock declines, have piled into Wolfspeed this year as the company’s woes snowballed.
Telcos, Media & Tech

Struggling semiconductor firm Wolfspeed files for bankruptcy

The company looks to capitalise on the growing demand for chips that are manufactured using silicon carbide technology.
Telcos, Media & Tech

Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo

Veronica Shim's S$12 million proof of debt will be admitted as claim against Ng Yu Zhi's bankruptcy estate after the judge's decision.
Singapore

Singapore High Court accepts S$12 million claim against Ng Yu Zhi

WeightWatchers says the restructuring plan will “significantly reduce” its debt obligations.
Consumer & Healthcare

WeightWatchers files bankruptcy as GLP-1 drugs reshape market

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