Hooters, the iconic American restaurant chain, is facing a financial crisis that has pushed it to take a desperate measure: ...

Joann and Big Lots are nameplates that have circulated on the radar of credit analysts as far back as 2023 as possible bankruptcy candidates. And many of the retailers that have struggled since ...

Vigo, Spain-based tuna specialist Atunlo has reportedly failed to meet requirements for avoiding liquidation after a lengthy ...

“Its Canadian stores were set up as a separate corporation by Nordstrom, then it essentially bankrupted its Canadian operations to avoid paying debts it accumulated in the country,” said Gra ...

Chapter 11 bankruptcy is a legal process that allows businesses and individuals to reorganize debts and finances, while ...

saying every avenue had been pursued to avoid bankruptcy for the company, which puts 5,000 jobs at risk. The EV battery maker sought U.S. Chapter 11 bankruptcy protection in November as its cash ...

The Supreme Court overturned a number of lower courts to say a bankruptcy trustee can't get misappropriated funds back from ...

saying every avenue had been pursued to avoid bankruptcy for the company, which puts 5,000 jobs at risk. The EV battery maker sought U.S. Chapter 11 bankruptcy protection in November as its cash ...