Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...
There are many idiosyncratic causes that individual firms might point to as precipitating factors of bankruptcy.
The Container Store won court approval to exit bankruptcy a little more than a month after filing Chapter 11 and to enact a ...
Texas' Port of Galveston almost filed for bankruptcy in the 1990s. Its CEO credits the booming cruise industry for saving the ...
Books Inc., the oldest independent bookstore chain in San Francisco's Bay Area, has filed for Chapter 11 bankruptcy ...
The company seeking bankruptcy protection faces many reputational and business challenges, the biggest of which is a loss of ...
Spirit Airlines is laying off approximately 200 employees as part of an effort to reduce expenses as the company looks to ...
Nikola Corp. is exploring options to keep its business afloat amid bankruptcy speculation.
For overseas debtors looking to file for bankruptcy in the U.S., “basically a dollar is enough” to show a business presence.