The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...
Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders after filing for Chapter 11 bankruptcy. Facing production issues and failed funding talks, the company plans to secure ...
Low-cost airline Spirit Airlines was the most prominent airline to file bankruptcy as it filed its Chapter 11 petition on Nov ...
Northvolt filed for restructuring under the American chapter 11 process. In December, negotiations began in a court in Texas, ...
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Further, Prospect said that, with “certain of its subsidiaries,” it initiated voluntary chapter 11 proceedings in the United States Bankruptcy Court for the Northern District of Texas.
Under a typical Chapter 11 bankruptcy, a business can reorganize ... the nursing home neglected resident care and skirted state laws through a fraudulent business setup designed to enrich its ...
Artificial intelligence-supported travel agency application maker Mondee Holdings Inc. filed for Chapter 11 protection in ...
The restructuring deal is expected to preserve about 3,800 jobs and erase tens of millions of dollars in debt — but it would ...
Objections to Johnson & Johnson's talc bankruptcy plan cite the U.S. Supreme Court's decision last year invalidating nonconsensual releases in Purdue Pharma's $6 billion opioid settlement.
The Coppell-based retail chain secured court approval on Jan. 24 for a mass restructuring plan to make the business private ...