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The global financial crisis and the credit crunch shocked trust across the board. At the time of bankruptcy of Lehman Brothers Belgium was in a long simmering political crisis. The Flemish and French communities were at odds with one another, especially after the electoral gains of the Flemish separatist party N-VA. The fear of Belgium ...
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The National Bank was created by Minister Walthère Frère-Orban in 1850 with a unique hybrid status: in the form of a limited company, but with the main objective to carry out missions of general interest entrusted to it by legislation of 5 May 1850, including replacing the Société Générale de Belgique (SGB) as fiscal agent of the Belgian government.
Here are three things to know about the company’s bankruptcy process. Illustration: Laura Kammermann. The collapse of FTX has set off the largest crypto-related bankruptcy ever, and court ...
The collapse in crypto prices this year continues to have ripple effects through the industry, with bitcoin mining operations now finding themselves distressed.
Crypto lender Genesis filed for bankruptcy protection on Friday as the fallout continues from last year's collapse in crypto prices and resulting failure of several firms in the industry.
Anton Valukas, chairman of the Chicago law firm Jenner & Block, was appointed by a bankruptcy court in New York in early 2009 to report on the causes of the Lehman bankruptcy. With fellow authors, he produced a 2200-page document detailing their views on the inner workings of Lehman Brothers, and possible avenues for proceedings against ...
BlockFi, a crypto loan and borrow platform, filed for Chapter 11 bankruptcy protection on Monday, becoming the latest crypto firm to go under following the rapid collapse of offshore trading venue ...