Bankruptcy/Liquidation

US couple sold up to retire at sea – and then their dream ran aground in Cambodia

American couple Paul and Lynn Montoya lived on a residential cruise ship for 17 months before they were told to disembark at a port in Cambodia.

Storied Paris department store BHV Marais seeks bankruptcy protection

Parisian department store BHV Marais said the bankruptcy procedure was “part of BHV’s relaunch, not its failure” and aimed at protecting operations and jobs.

Tyrrell Hatton, Ian Poulter join LIV Golf exodus

Ian Poulter, 50, was among a group of established stars who accepted lucrative contracts to join breakaway circuit Liv Golf and was a vocal defender of the move.

Getty Images says commenced proceedings in US bankruptcy court

Getty said in October that it had reached an agreement with major lenders and would undertake a “pre-packaged” bankruptcy.

The real reason gyms are going out of business

Many people get drawn into fitness with modest goals and then keep raising the bar as their competitive juices start to flow, says the writer.

LIV Golf says decision on wind-down or 2.0 model due by month-end

A LIV Golf lawyer raised concerns over a recent ultimatum issued by DP World Tour CEO to players contemplating a future with LIV 2.0.

Getty Images to go private under ‘pre-packaged’ bankruptcy

Getty will continue to operate normally throughout the process, citing up to US$143 million in financing from Koch, as well as cash from ongoing business.

Rory McIlroy says ‘very difficult’ for LIV Golf to survive bankruptcy

Golfer Rory Mcllroy of Northern Ireland in action at the Korea Open.

True Fitness, True Yoga’s liquidators received claims from over 3,000 creditors

The move comes after special resolutions were passed at extraordinary general meetings for both companies on Oct 7.

Golf star Jon Rahm quitting LIV tour over ‘unacceptable’ terms

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.