Israel-based fintech Vesttoo is seeking Chapter 11 bankruptcy protection in a U.S. court which will enable it to pursue legal action against those responsible for a fake collateral scandal, it said in a statement on Monday.
Tag: Chapter 11
Silicon Valley Bank’s Former Parent Files for Chapter 11
Silicon Valley Bank’s former parent company filed for Chapter 11 bankruptcy protection on Friday, a week after the U.S. government took over its commercial bank that teetered from a run on deposits.
Chapter 11 Filings a Safe Haven for Boy Scouts, Catholic Dioceses in Sex Abuse Lawsuits
Lawmakers across the country have attempted to provide justice to victims of decades-old incidents of child sexual abuse by allowing them more time to file lawsuits.
AIG Subsidiary Files for Chapter 11 Bankruptcy
American International Group Inc (AIG) said on Wednesday its subsidiary, AIG Financial Products (FP), had filed for Chapter 11 bankruptcy protection.