Highlights,The concept of "Debtor in Possession" refers to firms continuing operations during Chapter 11 bankruptcy.,The firm ...

A clear majority of ailing Swedish battery manufacturer Northvolt's shareholders have voted for production to continue in the ...

In the latest aviation news, fast-growing Breeze Airways has ambitions to start flying to Hawaii and to Europe later this year; a regional airline in Florida files for Chapter 11 bankruptcy; Alaska ...

FSK KKR Capital's high yield appears sustainable, supported by improved non-accruals and a 7.6% discount to NAV, making it an ...

Citing millions of dollars in debt, Corsa Coal Corp. and its subsidiaries are filing for Chapter 11 relief through federal ...

Silver Airways and its seaplane subsidiary, Seaborne Virgin Islands, petitioned for Chapter 11 reorganization Dec. 30, ...

The latest announcement is out from Big Lots ( (BIGGQ) ).

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...

Diamond Sports Group on Thursday announced it is out of Chapter 11 bankruptcy protection nearly two years after it filed in March 2023 and rebranded as Main Street Sports Group. The company will ...

Greensboro, NC, Aug. 26--Burlington Industries Inc. received preliminary approval of the disclosure statement outlining terms of its Chapter 11 bankruptcy reorganization plan Monday. The U.S ...

Cardi B says gossip blogger Tasha K is abusing bankruptcy law to avoid a huge judgment. Tasha says the star is trying to ...