Tag: bankrupt

bankrupt

Latest News

Homeplus pursues 200 billion won lifeline to stave off bankruptcy

Meritz Financial and MBK Partners are weighing an emergency funding plan that could help Homeplus avoid bankruptcy and restart its recovery.

2026.7.15

Interpark Commerce declared bankrupt by court

The Seoul Bankruptcy Court on Tuesday declared Interpark Commerce, an online retail subsidiary of e-commerce company Qoo10, bankrupt after financial problems arose from Qoo10's other subsidiaries' unpaid seller fees.

2025.12.16

Most popular

The 59th Daejong International Film Awards was held at the Gyeonggi Arts Center in Suwon, Gyeonggi, on Nov. 15, 2023. [DAEJONG INTERNATIONAL FILM AWARDS]

Future of Daejong Film Awards uncertain as nonprofit host goes into liquidation

A court has rejected a bankruptcy appeal by the Motion Picture Association of Korea, throwing the future of the Daejong International Film Awards in doubt.

2024.11.1

The Silicon Valley Bank branch office in downtown San Francisco, California, U.S., March 13, [REUTERS/YONHAP]

Structure of Korean banks buffers SVB aftershocks

The business structure of Korean banks, heavily criticized up until a week ago, is cushioning the side effects of the worst collapse of a U.S. lender in more than a decade.

2023.3.17

An electronic display at a crypto exchange in southern Seoul shows the prices of cryptocurrencies on July 28. [NEWS1]

Young crypto investors face repercussions in their personal lives

The instability in the crypto market is devastating young punters in their 20s and 30s who took out excessive loans in the hopes of making their fortunes.

2022.8.3

Pilot unions hold a press event in front of the National Assembly in Yeouido, western Seoul, on Tuesday, demanding the struggling Eastar Jet file for court receivership and withdraw the decision to lay off workers. [NEWS1]

Eastar Jet's pilot union pushes for receivership of airline

Eastar Jet’s pilot union on Tuesday requested the cash-strapped airline file for court receivership and withdraw its plan to lay off more than 600 employees.

2020.9.22

Travel agency booths at Incheon International Airport Terminal 1 are almost empty on July 20. [YONHAP]

Airlines, bankrupt and otherwise, stiff passengers for refunds

With the collapse of global air travel, ticket holders are demanding refunds. Many are out of luck and out of money, as some airlines are bankrupt and others are stalling for time.

2020.7.30

Tag: bankrupt

bankrupt

Latest News

Homeplus pursues 200 billion won lifeline to stave off bankruptcy

Interpark Commerce declared bankrupt by court

Most popular

Yoon Suk Yeol gets five years on abuse of power, obstruction charges — as it happened

Pro golfer Kim Joo-hyung teed off and tied knot last year

SK hynix posts largest-ever U.S. IPO by a foreign company

IU, Lee Jong-suk end relationship after four years

Maggots ate her alive while her husband did nothing

Future of Daejong Film Awards uncertain as nonprofit host goes into liquidation

Structure of Korean banks buffers SVB aftershocks

Young crypto investors face repercussions in their personal lives

Eastar Jet's pilot union pushes for receivership of airline

Airlines, bankrupt and otherwise, stiff passengers for refunds