New Chapter 11 Bankruptcy - Global Brokerage Inc. ($GLBR)

Dec 11, 2017

∙ Paid

12/11/17 Recap: Holding company which holds, as its primary asset, an interest in a non-debtor online forex trading company filed a prepackaged bankruptcy to restructure its balance sheet. Troubles for the company began in early 2015 when "unprecedented volatility" in the euro-to-franc currency rate led the Swiss National Bank to el…

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