Tag: Court

2024-09-16

Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X

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Business

Elon Musk, chief executive officer of Tesla Inc., at the US Capitol in Washington, DC, US, on Wednesday, July 24, 2024.  Samuel Corum | Bloomberg | Getty Images Brazil’s supreme court announced Friday that it ordered banks to transfer funds from Starlink and X accounts to pay fines the court levied against Elon Musk’s social network. The court’s top…

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2024-09-06

Court approves plan to exit Chapter 11

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Business

The exterior of a Red Lobster restaurant in Austin, Texas, on May 20, 2024. Brandon Bell | Getty Images A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for bankruptcy protection in May. Red Lobster had…

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