insolvency

2 articles
BenzingaBenzinga··Business Wire

Telesat Hit by Insolvency Lawsuit as Investors Face Securities Probe

Telesat ($TSAT) faces securities investigation and bondholder lawsuit alleging insolvency and fraudulent asset transfers. Stock plunged 21% following legal action.
TSATstock declinefraud investigation
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Bigben Interactive Seeks Court-Supervised Debt Restructuring Amid Creditor Negotiations

Bigben Interactive seeks court-supervised debt restructuring after banks reject refinancing. Trading suspended as company and subsidiary Nacon navigate insolvency proceedings.
BBENFtrading suspensiondebt restructuring