Several well-known restaurant chains are being sold as the company navigates Chapter 11, with creditors pushing to recover funds.

The franchise operator’s board members will also resign while members of Wiederhorn’s family are leaving the company as part ...

Emerson Equity has been to turn over documents to private equity firm Inspired Healthcare Capital related to Inspired’s bankruptcy petition.

Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, ...

Genesis HealthCare is asking a federal court for permission to pay nearly $10 million in executive and employee performance bonuses as it navigates the remaining weeks of bankruptcy proceedings.

The Education and Justice Department released new data on the bankruptcy process for student-loan borrowers. It found that 588 new cases were filed from October 2023 to March, a 36% increase from the ...

In this exclusive interview, Lutheran Life CEO Sloan Bentley shares the story of the organization’s bankruptcy and lessons that may be helpful to other providers. Sloan Bentley could see the writing ...

LOS ANGELES, CA - Californians facing unmanageable debt may find relief through Chapter 7 bankruptcy, a legal process ...

Individual stock traders looking to cash in winning bets on Hertz Global Holdings Inc. are in unfamiliar territory as the company exits chapter 11, finding themselves navigating a bankruptcy process ...

According to documents filed over the past few days, as part of bankruptcy proceedings, Diamond Comic Distributors has sought approval from the United States Bankruptcy Court for interim and final ...

UPDATE: July 8, 2020: Quorum has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, according to the system. It also announced a new board of managers, ...