The “court-supervised reorganization” was announced in an open letter in May 2024, as a response to claims of sexual abuse ...

Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement with Texas and 14 other states to ...

The company says it was in discussions with “foreign sources of capital,” but ultimately decided to file for insolvency.

Books Inc. Joined the List of Retailers That Have Filed for Chapter 11 Protection in the U.S. Bankruptcy Court ...

Economic indicators suggest a potential recession, with caution in equity investing despite short-term optimism.

The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients. Here are answers ...

Prospect Medical Holdings announced that it is initiating chapter 11 proceedings in the United States Bankruptcy Court.

Canoo Inc. has filed for Chapter 7 bankruptcy, marking the end of its operations. The filing was made with the U.S.

Electric vehicle start-up Canoo has declared bankruptcy and will cease operations immediately, seven years after its launch.

The sale of SeaQuest still has to be approved by a federal bankruptcy judge who has set a hearing on the matter for the end ...

"As a result of this filing, Canoo regrets to inform all stakeholders that it will cease operations effective immediately," ...