Bankruptcy/Liquidation

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

Oprah-backed True Food Kitchen files for bankruptcy after expansion

Oprah Winfrey had decided to invest in True Food Kitchen and joined the board after dining in its Palo Alto, California, location.

Ex-billionaire Benko convicted at Austrian retrial, sentence increased

FILE PHOTO: Austrian former billionaire Rene Benko waits for the start of his trial, in the first case tackling the collapse of his property group Signa, in a courtroom in Innsbruck, Austria, October 15, 2025. REUTERS/Leonhard Foeger/File Photo

Former Cathay cinema operator mm2 Asia gets more time to seek backing for debt restructuring

The High Court on Sept 18 gave the two companies permission to hold meetings with creditors to consider their repayment proposals, said mm2 Asia.

Former True Fitness, True Yoga workers attend job-matching session after chains’ sudden closure

The event, held at the Devan Nair Institute for Employment and Employability on Sept 17, drew close to 40 attendees.

The Usual Place Podcast

Watch: After True Fitness closure, should pre-paid package limits be put on gyms and spas?

Forum: Hold directors personally liable if prepayments taken during financial distress

PGA Tour not considering return program for LIV players

FILE PHOTO: FILE PHOTO: Golf - LIV Golf Invitational - London - Centurion Golf Club, St Albans, Britain - July 5, 2023 General view of the 18th hole at the Centurion Golf Club Action Images via Reuters/Paul Childs/File Photo/File Photo

Popular bakery Baker’s Brew, now known as BB Atelier, goes into liquidation

Baker’s Brew was rebranded as BB Atelier in late 2025. Manila-based creative boutique Studio After Six shared on Instagram in July that it had worked on the bakery’s rebranding.

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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.