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KSAT12 News at 12:30

Latest local news from South Texas from KSAT12

LIVE

KSAT12 News at 12:30

BANKRUPTCY


Party City, amid rising prices, seeks bankruptcy protection

Party City has filed for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.

Twitter drama continues with blue-tick confusion

A number of executives have walked out after a turbulent launch of new Twitter features.

bbc.co.uk

Boris Becker reveals shock and embarrassment over bankruptcy

The former tennis star, who was declared bankrupt in 2017, says it limited his future earnings.

bbc.co.uk

Boy Scouts To Pay $850M To Abuse Survivors

Last year, the Boy Scouts filed for bankruptcy, which prevented new abuse lawsuits against it.

newsy.com

Alamo Drafthouse files for Chapter 11 bankruptcy, report says

SAN ANTONIO – Alamo Drafthouse is filing for Chapter 11 bankruptcy protection, according to a report in The Hollywood Reporter. The deal will hopefully allow the theaters to survive beyond the pandemic, the report said. Alamo Drafthouse operates about 40 theaters in the U.S. The theater chain is one of the most high-profile entertainment companies to file for bankruptcy amid the COVID-19 pandemic. Related Story:Alamo Drafthouse co-founder auctioning off rare movie poster collection to pay employees

Couple out thousands of dollars after wedding venue shuts down abruptly

San Antonio – Families across the nation, including right here in San Antonio, are left scrambling for answers after an event venue they’ve booked for thousands of dollars will officially shut down Sunday. That venue, Noah’s Event Venue, filed for bankruptcy without warning to some clients. Latishia Sanford-White and Bidea White (Courtesy Bidea White) (KSAT)“We were hunting for venues July of last year and we went to a wedding at Noah’s Venue and the setup was beautiful,” Latishia White said. Latishia Sanford-White and Bidea White (Courtesy Bidea White) (KSAT)“I am upset because this has taken months and numerous hours to plan,” Latishia White said. “We called them about 15-20 times today alone and we have still not gotten an answer,” Bidea White said.

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