The luxury retailer, saddled with debt and facing headwinds, says it’s evaluating its physical store footprint as it goes ...

Bankrupt Genesis Healthcare Inc. has named Genie 3 Partners the new lead bidder in a second auction for its substantial ...

Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, ...

Ellucian announced it had completed its acquisition of a Anthology business through a Chapter 11 bankruptcy process.

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

Editor’s note: This story has been updated to include comment from PACS. A nursing home company has revealed it previously transferred operations of 18 Ohio nursing homes to PACS Group, paving the way ...

The City of Cle Elum has filed for Chapter 9 bankruptcy, citing nearly $26 million in debt stemming from a land development dispute with City Heights Holdings (CHH) more than a decade ago. Sean ...

Opinion: Congress and the courts must reform the bankruptcy system to bring it in line with trauma science, basic fairness, ...

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Bankruptcy is certainly not an ideal outcome for any real estate loan. If a project's in trouble, though, bankruptcy has its benefits, even for lenders. Real estate and other lenders know they should ...

The Chapter 11 petition seeks to reject the leases for nine cafes and its former roasting plant in Ivy City by Jan. 30 if it ...