Downfall of a big-spending tycoon: Pramod Mittal faces bankruptcy

The bride was resplendent in her traditional red and gold wedding sari, ablaze with countless diamonds in her headpiece, earrings and nose ring. The groom cut no less magnificent a figure, arriving astride a white horse, wearing a lavishly embroidered jacket with a white plume bobbing from his red turban. Father of the bride, Pramod … Read more

Failed directors are let off hook under bankruptcy law’s shake-up

Failed directors are let off hook under bankruptcy law’s radical shake-up By Dan Atkinson For The Mail On Sunday Published: 22:32 BST, 4 July 2020 | Updated: 22:51 BST, 4 July 2020 A radical shake-up to bankruptcy law last week allows directors at failed firms to remain in charge – and will shield them from … Read more

ROBERT HARDMAN asks when a workshy nation facing bankruptcy will shake off its torpor

Today, at long last, pubs will pull a pint for the first time in months. Hotels and B&Bs have been pulling off the dustsheets. The RAC predicts traffic congestion (in England, at least) as people are finally authorised to spend a night under a roof that is not their own. Online traffic has been equally … Read more

Cirque du Soleil files for bankruptcy protection as…

Cirque du Soleil files for bankruptcy and lays off 3,500 workers after COVID-19 cancelled shows Cirque du Soleil filed for bankruptcy in Canada on Monday while it develops a plan to restart its business amid the pandemic  The creator of many of the most popular shows in Las Vegas blamed the ‘immense disruption and forced … Read more

Chesapeake Energy files for bankruptcy protection in the US

Fracking pioneer Chesapeake Energy files for bankruptcy protection in the US By Daily Mail City & Finance Reporter Published: 21:51 BST, 29 June 2020 | Updated: 21:51 BST, 29 June 2020 Chesapeake Energy entered so-called ‘chapter 11’ with a crippling £7.3bn debt pile Fracking pioneer Chesapeake Energy has filed for bankruptcy protection in the United … Read more

Car-rental giant Hertz ‘is preparing to file for bankruptcy with $19BILLION of debt’

Car-rental giant Hertz ‘is preparing to file for bankruptcy with $19BILLION of debt’ after share prices plummet and 10,000 staff are laid off amid the coronavirus pandemic Hertz could file for bankruptcy this weekend after skipping car-lease payments last month The coronavirus pandemic has crippled the Florida-based company, which was already struggling with billions of … Read more

Katie Price is slammed by trolls for flaunting her £45,000 car and 1,800 bag despite bankruptcy

Katie Price is slammed by trolls for flaunting her £45,000 Range Rover 4X4 and £1,800 Louis Vuitton bag despite being declared bankrupt By Andrew Bullock For Mailonline Published: 11:39 BST, 19 May 2020 | Updated: 11:39 BST, 19 May 2020 Bankrupt Katie Price has been slammed by fans on Instagram after flaunting her flashy lifestyle, … Read more

Millionaire coffee chain tycoon faces bankruptcy if he does not pay ‘gold-digger’ sister-in-law

The millionaire tycoon behind the AMT coffee chain could face bankruptcy over a £1.5m debt to the sister-in-law he branded a ‘gold digger’. Brothers Alistair, Angus and Allan McCallum-Toppin turned their coffee cart in a shopping centre in Oxford into thriving nationwide chain AMT turning over £20million a year.  The brothers were equal partners in … Read more

J.Crew files for bankruptcy amid coronavirus

J.Crew becomes the first US major retailer to file for bankruptcy amid coronavirus pandemic The J.Crew Group Inc. filed for bankruptcy in a Virginia federal court on Monday It is the first big retailer to fail during the pandemic and be pushed to the brink by widespread store closures  Operations at J.Crew will continue throughout … Read more

Love Island staar Teddy Briggs was on the brink of bankruptcy and now bankrolls $80K a month

He rose to fame after appearing on the first season of Love Island Australia in 2018, alongside Eden Dally and Tayla Damir. And while it appears Teddy Briggs’ life is currently filled with private jets, endless holidays and luxury good, the 26-year-old reality star says this wasn’t always the case. Speaking to Daily Mail Australia … Read more