Tucson’s beloved sandwich chain, Eegee's, has recently filed for Chapter 11 bankruptcy, marking a significant moment in its storied history. Known for its frozen fruit drinks and distinctive offerings, Eegee's made this critical filing in U.S. Bankruptcy Court in Phoenix. Interim CEO C
Spirit Airlines, the second-most active carrier at Harry Reid International Airport in Las Vegas, has recently filed for bankruptcy, sparking concerns about the continuity of its services given its significant market share in the region. The development has stirred anxiety among travelers who
Danimer Scientific, Inc. (DNMR) is currently grappling with substantial financial challenges primarily due to negative cash flow and limited financial resources, which have raised significant concerns about the company's ability to sustain operations in the short term. While the company
The escalating legal and business battle involving Alex Jones and his efforts to retain control of his Infowars media company amidst legal challenges and bankruptcy proceedings has captured widespread attention. Jones, a well-known right-wing conspiracy theorist, is famous for his controversial and
Amid the fallout of one of the most infamous collapses in cryptocurrency history, FTX has initiated strategic legal moves to recover funds from several prominent individuals linked to the now-bankrupt exchange once led by Sam Bankman-Fried. Central to this initiative, FTX has filed 23 lawsuits in
In a groundbreaking legal victory, Akin successfully secured approval from the U.S. Bankruptcy Court for the Southern District of New York to serve legal notices via non-fungible tokens (NFTs). This decision, delivered by Chief Judge Martin Glenn in the case In re Celsius Network LLC, No. 22-10964