The Latest Breaking News from Bankruptcy Court

Vice Media files for bankruptcy, sale planned to ‘lender consortium’

Vice Media officially filed for bankruptcy today in the United States to facilitate its sale to a lender consortium. A statement from the company indicated it filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the southern district of New York. 

Newslaundry · May 15, 2023

Sinclair’s regional sports unit files for Chapter 11 bankruptcy

Sinclair Broadcast Group’s big bet on regional professional sports veered into Bankruptcy Court on Tuesday as the company’s unit that broadcasts local games filed for Chapter 11 protection.

Los Angeles Times · Mar 15, 2023

SMK ordered to prepare rehabilitation plan

The Office of Insurance Commission (OIC) has ordered SET-listed Syn Mun Kong Insurance (SMK) to rectify its financial position and prepare a rehabilitation plan after the Central Bankruptcy Court ordered the company to undertake rehabilitation and also appointed SMK as a rehabilitation planner.

Bangkok Post · Nov 7, 2022