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Bertucci files for Chapter 11 bankruptcy, closure of 2 New Hampshire restaurants

Bertucci files for Chapter 11 bankruptcy, closure of 2 New Hampshire restaurants

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WELL, JIMMY, IT’S TRUE, BERTOLUCCI’S AT THE MALL OF NEW HAMPSHIRE IS NOW PERMANENT. LEE CLOSE, THE RESTAURANT’S PARENT COMPANY, BLAMES PANDEMIC INFLATION FOR WHY IT HAD TO FILE BANKRUPTCY. NOW IN THIS FILE BERTUCCI SAYS DUE TO THE COVID 19 PANDEMIC AND THE IMPACT OF INFLATION, SALES HAVE DECLINED WHILE SPENDING. IN 2021, THE …

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Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

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Filing follows weeks after FTX collapse FTX listed as BlockFi’s #2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy, it said on Monday, the latest crypto casualty after the exchange’s dramatic collapse FTX earlier this month. The New Jersey court filing comes …

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Crypto Lender BlockFi Files For Bankruptcy As FTX Fallout Spreads

Crypto Lender BlockFi Files For Bankruptcy As FTX Fallout Spreads

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BlockFi, a cryptocurrency lender that targeted mainstream investors hungry for a piece of the crypto mania, filed for bankruptcy on Monday, battered by its financial ties to FTX, the beleaguered exchange whose recent slump has rattled the market. crypto industry at its heart. Based in Jersey City, NJ, BlockFi primarily marketed itself to retail investors, …

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