Bankruptcy

8 stories about Bankruptcy
צלזיוס מימין אלכס משינסקי  ו דניאל לאון

Celsius co-founders cashed out over $42 million shortly before collapse

06.10.22|CTech
Former CEO Alex Mashinsky, former CSO Daniel Leon, and CTO Nuke Goldstein withdrew the funds shortly before the crypto lender suspended withdrawals and filed for bankruptcy
מייסד צלזיוס אלכס משינסקי

Bankrupt Celsius sues ex-money manager over tens of millions in losses

24.08.22|Reuters and CTech
The collapsed crypto lender is accusing Jason Stone and his company KeyFi of "gross negligence" and "extraordinarily inept" crypto investing
בית קולנוע  סינוורלד Cineworld בעיר צ'סטר בריטניה משפחת גרידינגר

Final cut: Israeli-owned movie theater chain Cineworld preparing to file for bankruptcy

21.08.22|CTech
The second largest cinema chain in the world is crashing, with its stock collapsing by 82% in three London trading days. The chain, which failed to recover from the pandemic at the rate it expected, has accumulated a debt of $9 billion
צלזיוס מימין אלכס משינסקי  ו דניאל לאון

Crypto lender Celsius files for bankruptcy

14.07.22|Reuters and CTech
One month after pausing all transfers and withdrawals from its platform, the former unicorn says it now has only $167 million in cash on hand
עו"ד ג'יי אפשטיין

"Investment opportunities will be slow to come along in 2020. We're in a marathon not a sprint to recovery"

06.09.20|Tamar Tunik
DLA Piper senior partner Jay Epstien says creative and innovative leadership will be the main factors that determine companies' success in the post-Covid world
מימין אורלי ו שלום לבייב

Leviev divorce saga takes another ugly turn

14.06.20|Tomer Ganon
Billionaire businessman Lev Leviev’s son Shalom was accused of physical, emotional, and sexual violence by his ex-wife during court proceedings
עובדים משרד מחשבים אופן ספייס

Covid-19 Does not Have to Mean an Untimely Demise for Young Israeli Startups

02.06.20|Meir Orbach
If Israel wants its growth engine back on track, it is going to have to be far more creative and generous
שלט חנות סגורה

Immediate Threat: 80 Small Tech Companies in Danger of Closing Within Three Months

31.05.20|Meir Orbach
A survey conducted among 414 companies by the Israel Innovation Authority and IATI indicates that investors have stopped fundraising processes and that sales of a quarter of the companies have fallen by more than half since the Covid-19 outbreak