#chapter-11

#chapter-11

Nikola Corp. has filed for Chapter 11 bankruptcy due to financial struggles and inability to secure funds after a series of scandals.

Spirit Airlines may file for Chapter 11 bankruptcy after a failed merger with JetBlue, exacerbating its financial struggles and substantial debt.

Spirit Airlines' bankruptcy filing is aimed at restructuring debt and will not affect travelers' holiday plans or existing flight bookings.

Tupperware Brands has filed for Chapter 11 bankruptcy due to years of declining sales and is seeking a buyer.

Northvolt filed for Chapter 11 in the U.S. to reorganise debt while continuing to operate normally during the process.

Spirit Airlines filed for Chapter 11 bankruptcy due to financial struggles exacerbated by COVID-19 and rising competition.

The airline plans to operate as usual during the bankruptcy process, ensuring customer assurance regarding bookings and loyalty programs.

Northvolt is restructuring to align with customer needs and stabilize finances amidst significant layoffs.

Carlsson resigns as Northvolt CEO but will stay on as senior advisor during company's Chapter 11 restructuring.