The US business, a unit of Del Monte Pacific, said a proposed sale is “the most effective way to accelerate our turnaround”.

In a larger bankruptcy case, health care provider Prospect Medical Holdings on Jan. 11, 2025, filed for Chapter 11 bankruptcy protection with plans to reorganize certain medical assets, sell two ...

True Religion filed Chapter 11 bankruptcy and was bought by an investment firm giving it a new lease on life. That's not always the case and many brands don't survive past their time of great ...

Wolfspeed, a semiconductor manufacturer with a facility in Marcy, Oneida County, has announced plans to file for Chapter 11 ...

WW International, formerly known as WeightWatchers, has filed for Chapter 11 bankruptcy protection on Tuesday in a bid to cut its debt after hugely popular obesity drugs upended its business model.

Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter 11 bankruptcy protection.

Azul , a Gol competitor, filed for Chapter 11 last month. Sign up here. Despite Azul's financial struggles, talks over a potential partnership between the carrier and Gol are ongoing, Ferrer said.

The Chapter 11 filing in U.S. Bankruptcy Court in New Jersey gives Rite Aid access to $1.94 billion in new financing to fund the sale process, during which it plans to keep stores open.

Chapter 11 rarely works out well for the stockholders, who are at the bottom of the list to get paid off. Bondholders and creditors come ahead of them. Chapter 11 Bankruptcy Stock.