Bankruptcy. There’s probably no scarier word out there for a small business owner. When you think of bankruptcy, you may think of financial ruin—losing your business and maybe even the home, car, or ...

The casual restaurant sector faced financial distress in 2024 with several major chains having no choice but to file for Chapter 11 bankruptcy protection to save their businesses from closing ...

According to a proposed deal in its latest Chapter 11 bankruptcy filed on Jan. 15, Joann still owes a group of creditors more ...

Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy ...

Joann, a fabric and craft retailer, announced it filed for bankruptcy for the second time within a year due to financial and inventory issues.

The latest settlement is meant to address a drug addiction crisis that has led to over 700,000 opioid overdose deaths in the US over the past two decades.

The parent company of Rick's Dessert Diner has filed for Chapter 11 bankruptcy, but an owner said the situation will not impact operations.

For the fifth consecutive year, more companies filed for bankruptcy in Texas last year than any other state in the U.S. But ...