News

Giant auto parts company files bankruptcy. In the biggest auto parts bankruptcy so far this year, global giant Marelli ...
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 ...
A Pittsburgh-region trucking company filed for voluntary Chapter 11 bankruptcy protection in federal bankruptcy court.
On Monday – the same day as a scheduled hearing on an emergency motion to place WestRidge Inc., WestRidge Land Holdings LLC ...
A restaurant that has operated at the Christiana Mall since November 2010 has closed permanently. Signs direct patrons to New ...
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.
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced that Gresham Worldwide, Inc. ("Gresham Worldwide"), currently an ...
Chapter 11 and Chapter 13 are two different types of bankruptcies. Both types of filings allow for the discharging of debts but have different costs, eligibility, and time to completion.
Commercial Chapter 11 filings totaled 911 in July, an increase of 78% over the 512 filings in July 2024, according ...
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 ...
Munich-based Mynaric, which makes satellite laser terminal links, has exited the German version of Chapter 11 (StaRUG). Back ...