The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Newark NJ, Spirit Airlines, a prominent low-cost carrier, that services Newark Airport has filed for Chapter 11 bankruptcy protection, making it the first major U.S. airline to do so in over a decade. The filing comes after a tumultuous few years marked by financial strain, operational challenges, and a blocked merger attempt with JetBlue Airways.
Continue reading Spirit Airlines Files for Chapter 11 Bankruptcy
the staff of the Ridgewood blog
Hoboken NJ, Celsius has started the process of filing for Chapter 11 bankruptcy protection. The Hoboken, New Jersey-based company made headlines a month ago after freezing customer accounts, blaming “extreme market conditions.”
Continue reading Hoboken Based Crypto Lender Celsius files for Bankruptcy Protection