The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...

Northvolt filed for restructuring under the American chapter 11 process. In December, negotiations began in a court in Texas, ...

Prospect Medical Holdings has filed for bankruptcy and plans to restructure, maintaining patient services during the process.

Cork Capital LLC has filed for Chapter 11 bankruptcy protection, citing financial pressures from rapid expansion and wine ...

(WPVI) -- Prospect Medical Holdings, the owner of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy ... The Pennsylvania Attorney General filed a lawsuit against Prospect in ...

Crozer Health parent company Prospect Medical Holdings has announced that it is filing for Chapter 11 bankruptcy, and the reaction Sunday within Delaware County has been swift. In a statement on ...

The travel industry has faced financial distress over the last year, led by bankruptcy filings by several airlines. Low-cost ...

An attorney familiar with the bankruptcy filing ... Cauz wrote. Under a typical Chapter 11 bankruptcy, a business can reorganize and create a plan to repay its creditors over time.

Pizza Hut objected to its former franchisee's motion to reject 88 leases, including nine in the Peoria-area, for multiple ...

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Delays in insolvency proceedings not only frustrate the bankruptcy process, but also increase administrative expenses, which ...

A US Trustee is trying to stop a bankrupt hospital network from hiring Latham & Watkins and the firm’s new star restructuring ...