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Payments processor Plastiq has filed for bankruptcy, lower than a calendar year following an aborted merger using a Particular-purpose acquisition business and weeks just after Silicon Valley Bank’s collapse temporarily halted its operations.
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From Business enterprise: Ellen focuses on getting your scenario with a very particular Mind-set. Filing for bankruptcy could be a quite annoying and tricky time for persons. Ellen will make guaranteed that…
QualTek filed for Chapter eleven protection in Houston, saying that raising personal debt expenses ended up bankruptcy schedules beginning to cut into its functioning budget, at a time when inflation was now creating it to pay for additional for labor and Vitality.
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This might current an In particular zero down chapter 7 wonderful possibility to have the bankruptcy system commenced and finished with little or no supplemental trouble towards the debtor. Please don’t wait to contact us if you have any inquiries!
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While Virgin Orbit aimed to locate a wholesale customer through the bankruptcy method to keep the corporation's belongings and intellectual house intact, the corporate was not able to do this, resulting in Monday's zero down chapter 7 auction.
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