In a bid to save horse racing in Illinois and preserve 250 jobs and the homes of hundreds of backside workers and their ...

After failing to find a buyer for its retail portfolio, the company will shut down and liquidate all 174 stores.

Whether it is an exclusive hotel spa or the nail salon at a suburban strip mall, the beauty industry has faced significant ...

Luxury movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy reorganization, vowing to try to return to ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

Everyone has a candy from their childhood that perhaps they haven't seen in a few years. For me, it's not so much a personal ...

The operator of roughly 180 Eddie Bauer retail and outlet stores across the United States and Canada has filed for Chapter 11 bankruptcy protection, citing declining sales and mounting pressures ...

Spirit Airlines' parent company says it expects to exit Chapter 11 bankruptcy in late spring or early summer after striking a ...

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 ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Mexican restaurants have been suffering over the past couple of years. That's partially due to consumers cutting back on their spending, and partly due to oversaturation. Americans love Mexican food, ...