Bankruptcy of Blink Fitness and Other Businesses

Blink Fitness, an affordable gym chain, filed for Chapter 11 bankruptcy to facilitate a sale of the business. The company has received $21 million in new financing to support ongoing operations. Other businesses like Red Lobster and Rite Aid have also faced bankruptcy issues.

Rudy Giuliani's Bankruptcy Case

Rudy Giuliani's bankruptcy case is reaching a critical point with three competing proposals from Giuliani and his creditors. The judge will decide whether to convert the bankruptcy to Chapter 7, appoint a Chapter 11 trustee, or dismiss the bankruptcy entirely.

Fisker Electric Vehicle Bankruptcy

Electric vehicle startup Fisker, founded by Henrik Fisker, has filed for bankruptcy protection for the second time after struggling to achieve commercial success. The company is in advanced discussions to sell its assets.

Donald Trump's Response to Civil Fraud Case in New York

Donald Trump may be considering doing nothing in response to a civil fraud case against him in New York, as he struggles to raise a $454 million bond. Options include a Chapter 11 filing or letting the deadline pass, risking seizure of his assets by the New York Attorney General. Trump believes he could recover the assets on appeal, but doing nothing poses its own risks.