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 ...

A Rio de Janeiro court suspended the enforceability of obligations set out in Oi SA’s judicial recovery plan in Brazil, ...

A popular teen jewelry retailer is closing stores as a result of filing for Chapter 11 bankruptcy for a second time. See if ...

Mall-based teen retailer Claire’s, known for helping to usher teens into a key rite of passage _ ear piercing _ but now ...

Avant Gardner, parent company of Brooklyn Mirage, has voluntarily filed for Chapter 11 bankruptcy. Current CEO Gary Richards ...

The Scottsdale-based manufacturer that has nearly 12,000 global employees has a plan to exit bankruptcy as "quickly and ...

The parent company of a Kentucky distillery has recently filed for Chapter 11 bankruptcy. Stephen P. Schmidt has the story.

And now Houston Midtown sports bar The Maple Leaf Pub, which catered to enthusiastic hockey fans for almost 20 years, filed ...

The fashion and beauty chain Icing may not be as big a name as Claire's, but it has nearly 200 stores that are expected to be ...

Chapter 11 doesn’t erase all debts and it’s not suitable for all businesses. But in the right cases, it can be a viable way for financially troubled firms to find a path through a difficult time.

Chapter 11 is a lengthy, complicated, and expensive process that's not right for every company or individual. However, for companies with a solid reorganization plan, a business can stay open and ...