Hometown Lenders’ national expansion collided with rising rates

In bankruptcy court, the Huntsville, Alabama-based mortgage lender says it plans to repay creditors by claiming more than $20 million in tax credits and clawing back $1 million from warehouse lenders. Continue reading

WeWork reportedly to file for bankruptcy as soon as next week

The company that once embodied the future of the workplace, which at its peak was valued at $47 billion, is reportedly considering filing a chapter 11 petition in New Jersey. Continue reading

Panthers owner seeks bankruptcy protection for his real estate firm

A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800 million project fell through. Continue reading

Construction startup Katerra files for bankruptcy

The company blamed its financial position on the effects of the COVID-19 pandemic, difficulty securing funding for new construction and “unsuccessful attempts to secure additional capital and business.” Continue reading