What Evergrande’s Collapse Might Mean for the Global Economy
The long-embattled property developer was finally ordered to liquidate. What comes next will test Western companies’ appetite to keep operating in China.
Posted inBanking and Financial Institutions Bankruptcies China China Economy China Evergrande Group Economic Conditions and Trends Foreign Investments Hong Kong International Relations Real Estate (Commercial) Real Estate and Housing (Residential)
China Evergrande Must Be Liquidated, a Judge Said. What Happens Next?
The massive property developer epitomized China’s real estate frenzy, and its downfall fueled the market’s downturn.
Posted inBankruptcies Budget Travel Coronavirus (2019-nCoV) Decisions and Verdicts JetBlue Airways Corporation Justice Department Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Spirit Airlines Stocks and Bonds United States
Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal
Some investors and analysts said the airline might have to seek bankruptcy protection if it couldn’t find another buyer.
Posted inBankruptcies Bird Rides Inc Company Reports Electric Bicycles, Motorcycles and Scooters Start-ups VanderZanden, Travis
Bird, an Electric Scooter Company, Files for Bankruptcy
The company, once a high-flying start-up whose services were hailed as the next big thing in personal transportation, lost much of its value as it struggled to grow.