Alex Salmond was 'virtually bankrupt' when he died after years of costly court battles

The former First Minister has faced multiple allegations of sexual misconduct, including sexual assault and attempted rape. He was later cleared of 14 charges of sexual misconduct.

Alex Salmond’s widow may have to sell family home to repay his debts

ALEX Salmond’s widow could be forced to sell their home to repay his debts. The former First Minister, who died from a heart ...

Alex Salmond ‘virtually bankrupt’ when he died after costly legal battles

Alex Salmond was virtually bankrupt when he died after years of defending himself in expensive court cases, it has emerged. Lawyers instructed to wind up the late former First Minister’s estate have ...
MassLive

US airline files for bankruptcy with $38M+ in mounting debt, dozens of lawsuits

After just five years in business, U.S. private airline Verijet has filed for bankruptcy following the death of its founder and CEO, Richard Kane. The airline, which touted itself for offering a more ...
Seeking Alpha

Spirit Airlines ends Airbus deal in bankruptcy settlement with AerCap

Spirit Airlines (OTC:SAVEQ) dropped plans to purchase 52 Airbus (OTCPK:EADSF) (OTCPK:EADSY) jets, along with options for 10 more, as part of a bankruptcy settlement with aircraft leasing giant AerCap ...
Sun Sentinel

Spirit lands bankruptcy court approval for $475 million in financing, aircraft leasing deal

Buttressed by a new round of financing, Spirit Airlines’ trip through U.S. Bankruptcy Court just got easier. Spirit Aviation Holdings, Inc., parent company of the Dania Beach-based budget carrier, ...
The New York Times

First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned

The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit markets. By Ryan Mac The embattled chief executive of First Brands, an American auto-parts maker that ...
Jalopnik

Spirit Is Trying To Get Rid Of Half Its Planes In Second Bankruptcy

Spirit Airlines' second bankruptcy in a year is turning out to be one of the most intense restructurings to hit American business in a while. First, Spirit and United Airlines got into some sassy back ...
The Business Journals

Seattle-area brokers say 'a vacant Rite Aid isn't a liability' — so where are the new tenants?

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Rite Aid's bankruptcy has shaken ...
The Business Journals

Logistics company files for bankruptcy with millions in debts

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company reported over $8 ...
Law

Chamberlain Hrdlicka Boosts Bankruptcy Team With Eversheds Sutherland Partner in Houston

Veteran bankruptcy lawyer Mark Sherrill has joined Chamberlain, Hrdlicka, White, Williams & Aughtry as a partner in Houston. Sherrill, who was a co-partner-in-charge of Eversheds Sutherland's Houston ...
inforum

Bankruptcy filing slows RedHawks’ effort to recover funds from lighting deal

FARGO — Efforts by the Fargo-Moorhead RedHawks to recoup funds from a failed ballpark lighting agreement may have hit a snag because one of the companies listed as a defendant has since filed for ...