Toronto Star Publisher Nordstar Capital LP Files for Bankruptcy, Transitioning to Digital Platforms Introduction Toronto Star publisher Nordstar Capital LP, which owns the Metroland Media Group (MMG), has announced its plans to file for bankruptcy. This move will result in over 70 weekly newspapers being converted into digital-only platforms, and the elimination of 605 jobs. […]
The US Supreme Court Puts Hold on Purdue Pharma’s Bankruptcy Settlement The Opioid Crisis and Purdue Pharma’s Role The United States Supreme Court has made a historic decision to temporarily block Purdue Pharma’s bankruptcy settlement. The settlement aimed to shield the billionaire owners of Purdue Pharma, the Sackler family, from lawsuits related to the devastating […]
Instant Pot Company Files for Chapter 11 Bankruptcy The maker of the popular kitchen appliance, Instant Pot, is filing for Chapter 11 bankruptcy. Instant Brands, which was founded in Ottawa and is now based outside of Chicago, announced the filing in the U.S. Bankruptcy Court for the Southern District of Texas. The company owns the […]
