Spark Networks Services GmbH, the operator of online dating platforms Christian Mingle, JDate, and Zoosk, is seeking US bankruptcy court recognition of its German insolvency case.
The company filed its US case after a failed restructuring in 2024 and its primary lender and equity holder, MGG Investment Group, pulled funding in January, according to court documents filed Monday in the US Bankruptcy Court for the Southern District of New York.
Spark Networks is seeking relief under Chapter 15, the branch of US bankruptcy law that recognizes foreign insolvency proceedings. The company aims to sell its assets while continuing operations in ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.