Money has a funny way of turning dinner-table conversations into courtroom dramas. One minute it's "pass the salt," the next it's "should we buy rental properties or save our financial lives?" When six figures are involved, even the calmest marriages can start sounding like a board meeting gone wrong. On an episode of the “Suze Orman Show” last year, financial guru Suze Orman took a call from Paula in Texas that hit every nerve. Paula, 43, was expecting a $150,000 inheritance from her late mother. Instea ...

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines is gearing up to shrink to a tiny version of its former self in an attempt to survive, according to a new plan it's set to unveil in U.S. Bankruptcy Court on Tuesday.The budget-travel icon plans to announce it will get rid of even more of its Airbus fleet as it aims to exit its second bankruptcy in l ...

The Great Freight Recession led to dozens of trucking, logistics, and shipping companies filing for Chapter 11 bankruptcy protection in 2025 to reorganize their businesses, restructure their debt obligations, and stay in business. Companies blamed reduced shipping demand, lower freight rates, and rising labor, fuel, and insurance costs for the decline in revenues and profits. In some cases, bankrupt trucking companies were unable to reorganize in Chapter 11 and stay in business. Filing Chapter 7 or Cha ...

morpho's fasanara vault has $24m exposure to first brands bankruptcy. $2.5b of $3b collateral was fraudulent. some borrowers sitting 4% from liquidation with another markdown expected. this is the RWA lending stress test nobody wanted. apollo owns 9% of morpho tokens. $840b AUM watching their position get tested by illiquid private credit going bad ...

🚨LATEST: SAM BANKMAN-FRIED SAYS "BANKRUPTCY IS NOT A CRIME" IN RECENT X THREADIn a recent X post tagged "10 Myths About Me and FTX," @SBF_FTX disclosed several misconceptions about the collapsed exchange and himself.Amongst the long list of myths, SBF claims that "Bankruptcy is not a crime," while also stating that FTX was solvent and is repaying customers 119-143%.He wrote that the media lied about the "$8b vanishing."SBF on being solvent:FTX could afford to repay in kind, until lawyers paid themselves $1b ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. A group of mall landlords on Tuesday asked the U.S. Bankruptcy Court for the Southern District of Texas to modify a financing agreement to ensure that Saks Global makes good on what they say is unpaid rent. Aventura Fashion Island, Brixmor Park Shore and GGP Retail (formerly Brookfield) are among the mall landlords demanding “the immediate payment of rent” for the ...

Vanderbilt Minerals, which mines materials used in industrial products, filed for bankruptcy after its cash flow was overwhelmed by an increase in lawsuits that accuse the company of once selling items contaminated by asbestos. https://t.co/LEi31ujBBT ...

The private equity firm kept control of its portfolio company after a bankruptcy filing, but a group of creditors are challenging the deal in court https://t.co/g3cJBTZWTF ...

Core Viewpoint - Quince Therapeutics Inc is experiencing significant stock price decline due to precarious financial conditions and failed clinical trials, leading to concerns over its future operations and potential bankruptcy risks [1][2][3][5]. Financial Situation - As of the end of 2025, Quince Therapeutics reported approximately $5.8 million in cash and cash equivalents, $11.9 million in short-term investments, and $16.4 million in outstanding loans from the European Investment Bank [2]. - The company is exploring strategic alternatives, including a potential reverse merger, but has no agreements in place and may face challenges in securing favorable terms [4]. Clinical Trials and Operations - The lead candidate eDSP did not meet primary or secondary endpoints in the NEAT trial, resulting in the company having "no meaningful operations" and insufficient resources to advance its programs [3]. Risks and Challenges - The company faces risks related to potential delisting from Nasdaq, acceleration of the EIB loan, and the possibility of Chapter 7 or 11 bankruptcy proceedings, which could leave common shareholders with minimal or no recovery [5]. - Quince Therapeutics indicated that the only viable path to shareholder value is through executing a reverse merger, but the uncertainty surrounding this process adds to the stock's volatility [4]. Stock Performance - Quince Therapeutics shares fell by 52.07% to 29 cents, nearing its 52-week low of 12 cents, reflecting investor concerns amid the ongoing financial and operational challenges [6].

Core Viewpoint - Francesca's, a women's clothing boutique, has filed for Chapter 11 bankruptcy and is initiating nationwide store-closing sales, offering discounts of 25% to 40% on various items [1][2]. Company Overview - Founded in 1999, Francesca's operates over 450 boutiques across 45 states and employs more than 3,400 people [7]. - The company has previously filed for bankruptcy in December 2020 under different ownership [8]. Bankruptcy Filing Details - The recent bankruptcy filing occurred on February 5, with the company listing 1,000 to 5,000 creditors and assets between $10 million to $50 million, while liabilities range from $50 million to $100 million [9]. - Legal representatives are working to ensure the business can continue operations, pay employee wages, and meet obligations to vendors [10]. Store-Closing Sales - The store-closing sale includes 30% off all clothing, gifts, home, and clearance items, along with promotions such as buy one, get one 50% off on jewelry and accessories [4]. - New merchandise will continue to arrive at stores during the closing sales [2]. Financial Outlook - The Chief Financial Officer stated that the company has a structured path to pursue the best outcome for all stakeholders while focusing on responsible operations [10].