Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of ...

Another national restaurant chain has filed for Chapter 11 bankruptcy protection. According to Newsweek, Bravo Brio Restaurants -- which owns Bravo! Italian Kitchen and Brio Italian Grille -- ...

Chapter 11 could be a lifeline for retailers aiming to keep stores open. J.C. Penney is the latest company to declare bankruptcy. The retailer filed for Chapter 11 bankruptcy on Friday, ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe ...

Spirit Airlines filed for Chapter 11 bankruptcy protection Friday just five months after emerging from its previous restructuring marking an unprecedented rapid return to court protection for a ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy ...

Technological progress in industries has led to the demise of companies and whole business sectors throughout history. A classic example of the collapse of an industry caused by technological ...

It has been nearly three years since the shocking collapse of FTX, and the pain of that chapter 11 bankruptcy still lingers across the crypto world. After endless hearings, lawsuits, and delays, ...