Espresso

Sign in Subscribe

Business & Markets

Getty Images Chapter 11 Wipes Out Shareholders

Getty Images filed a pre-packaged Chapter 11 plan on Oct. 21 that hands ownership to Getty family affiliates and Koch Equity Development while public shareholders receive nothing. The deal, which restructures about $2.1 billion of debt, isn't final until a court confirms it.

Read next

Photo illustration of the U.S. Supreme Court building with a music catalog licensing document and a termination notice.

Supreme Court Denial Leaves Fifth Circuit Copyright Termination Ruling Standing

Four justices sat out BMG Rights Management v. Vetter, so the Supreme Court could not grant review and the Fifth Circuit's January 2026 ruling stands. Inside that circuit, a valid termination now reaches foreign licensing deals.

Justice Department and EEOC settlement documents on a desk beside a laptop showing an online job application form.

Instacart Parent to Pay $5M Over PERM Hiring Process

Smartphone showing a failed banking app login screen beside a payment card terminal displaying an error

Google Cloud London Power Outage Took UK Bank Apps Down