Germany’s Wirecard manages to lose billions of dollars and makes a quick getaway.
As the casino operator turns to outside assistance to avoid going into full-blown bankruptcy, the appointed administrators begin making changes.
Hertz has filed for bankruptcy protection, put corvettes up for sale, and signaled long term gloom for the travel sector.
The casino operator is scrambling to find a way to keep from having to dissolve the company as income continues to slide.
The casino operator has decided to submit itself to voluntary administration as it looks to stay intact during the coronavirus pandemic.
The international gaming company is having a difficult time treading water during the coronavirus shutdown.
New Cotai Holdings and three of its affiliated debtors have applied for bankruptcy protection hoping to buy some time to figure out where it went wrong.
Casino di Campione in Italy was reportedly the oldest casino in Europe. At least, that was until it was forced to close this year.
Caesars Entertainment says 37% of junior creditors now support sweetened restructuring plan for its bankrupt main unit CEOC.
US Bankruptcy Judge Benjamin Goldgar tells Caesars creditors they can begin voting on restructuring, sets Jan. 2017 confirmation hearing.