A New York nursing home facing over $50 million in debt gets court approval to borrow funds, staving off resident evacuation ...

The Supreme Court’s 2024 Purdue decision1 held that the Bankruptcy Code does not authorize a release and injunction under a Chapter 11 plan of ...

As anticipated, we saw a steady increase in bankruptcy filings throughout 2024 and expect that growth trend to continue ...

The latest announcement is out from Big Lots ( (BIGGQ) ).

The fate of beloved discount retailer Big Lots has been up in the air for some time now. The chain first started closing ...

After 46 years in business, Coppell-based The Container Store has filed for Chapter 11 bankruptcy protection while it ...

Imerys' North American talc subsidiaries have secured over 90% approval from voting claimants for their Plan of Reorganization, marking a key ste ...

FTX repayments have begun, with users under $50,000 claims receiving payments first. Creditors must meet the January 20 deadline to qualify ...

Downers-Grove based Hearthside Food Solutions will pay $4.5 million to settle an Illinois child labor probe after a Texas ...

Ray Blanchette, who served as TGI Fridays’ CEO from 2018 to 2023, will manage more than 400 locations of the chain. TGI Fridays filed for Chapter 11 bankruptcy in November, citing ongoing pandemic ...

The name is the part Main Street Sports Group wants you to remember. The money was the key detail in Thursday's press release ...

Diamond Sports Group announced today that it has completed its financial restructuring and has emerged from Chapter 11 as ...