Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

No one sets out in business to fail, but despite our best efforts, this sometimes occurs. The reasons are multiple and varied: Sometimes there is a change in the industry and the business has not been ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The wood-fired pizza dining chain filed for Chapter 11 bankruptcy to reorganize its business.

A retailer with four South Florida locations filed for Chapter 11 with roughly $429 million in debts as it works to ...

The U.S. firearms industry has a long history of surviving economic problems, with some of the most well-known companies filing for bankruptcy and emerging as strong companies. The firearms industry ...

The Small Business Reorganization Act of 2019 created a new subchapter within Chapter 11 of the Bankruptcy Code—Subchapter V. This article provides an overview of Subchapter V provisions of which ...

The company first entered into Chapter 11 earlier this year.

If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I have good news: there are real, practical pathways to resolve these ...

The award-winning brewery says it plans to stay open, but Chapter 11 puts its future in the court's hands.

The company founded in 1983 by Raúl Alarcón Jr. moved forward with a restructuring support agreement that sees it intend "to commence voluntary Chapter 11 cases" under U.S. bankruptcy code in a ...

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday. The filing comes ...