News

The company has filed for Chapter 11 bankruptcy in Texas and is now trying to offload more than $500 million in assets, ...
Claire's, the popular accessory retailer, has filed for Chapter 11 bankruptcy. Find out why the company made the move and ...
In April 2024, the parent company of New York-based chicken fingers chain Sticky's filed for Chapter 11 bankruptcy and ...
On Monday – the same day as a scheduled hearing on an emergency motion to place WestRidge Inc., WestRidge Land Holdings LLC ...
A Pittsburgh-region trucking company filed for voluntary Chapter 11 bankruptcy protection in federal bankruptcy court.
China Live may restructure under Chapter 11 as it faces $6.7 million in overdue rent and uncertain tenancy in SF's Chinatown.
A restaurant that has operated at the Christiana Mall since November 2010 has closed permanently. Signs direct patrons to New ...
Chapter 11 bankruptcy is known as “reorganization” bankruptcy. This chapter allows businesses and individuals with high-value assets to develop a repayment plan to satisfy creditors over time.
The exchange filed for Chapter 11 bankruptcy in November 2022. The court found the firm's founder Sam Bankman-Fried guilty of seven counts of fraud and sentenced him to 25 years in prison and ...
Chapter 11 bankruptcy is a legal process that allows for the restructuring of your debt. While it is designed primarily for businesses, it can also be used by individuals with substantial debt.
Chapter 11 bankruptcy is a way for a company to restructure its debt obligations while continuing to operate. However, many companies who file initially under Chapter 11 do eventually succumb to a ...
This type of bankruptcy is available to any business, including corporations, partnerships, and sole proprietorships. The specific requirements for filing Chapter 11 vary from state to state.