Saudi Prince Again Ducks Bankruptcy Over $1.2B Debt

By Eddie Beaver · May 30, 2025, 3:29 PM BST

A Saudi Arabian prince evaded a bankruptcy petition from telecommunications business over a $1.2 billion arbitration debt, as a London appeals court ruled Friday that the company cannot challenge an earlier...

To view the full article, register now.

Featured Stories

Big Brands To Hit Bankruptcy In 2025 So Far No Photo Available

When packaged-foods giant Del Monte filed for bankruptcy this summer with $1.23 billion in debt, it became another iconic brand to see... (more story)

Under The Radar: Bankruptcy News You May Have Missed No Photo Available

Chipmaker Wolfspeed Inc. plans to sell $87 million in Macom Technology Solutions shares ahead of its expected exit from bankruptcy, a ... (more story)

Tanking Demand Kicks Off Bourbon Industry 'Bloodbath' No Photo Available

A swift and sudden change in consumer preferences has left bourbon and other liquor distillers holding millions of barrels of aged spi... (more story)