Browsing: Bankruptcy

Mark Robinson, North Carolina’s former lieutenant governor, and his wife are seeking federal bankruptcy protection, according to court records filed this month. 

Rising jet fuel prices, caused by the disruption of Middle East oil since the U.S.-Iran war began in February, has led to a significant increase in airfares for the holidays as airlines, such as JetBlue Airways, pass higher costs onto passengers.

A security incident at BAE Systems Inc., the US subsidiary of British defense contractor BAE Systems, has taken the Bankruptcy Noticing Center offline since October 9. The Bankruptcy Noticing Center (BNC) is the system that federal bankruptcy courts use to send official notices. It handles court notices, messages to creditors, and deadline notifications that keep…

A cybersecurity incident at BAE Systems has halted the production and delivery of bankruptcy notices for every federal bankruptcy court in the United States, disrupting a core administrative function of the judiciary with no announced date for restoration.

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Over its short life, the company lost key employees and faced multiple legal challenges.