The exchange also said that the bankruptcy court has lowered the disputed claims reserve from $6.5 billion to $4.3 billion — ...

Fans of this craft beer were blindsided after a surprising move that reflects a deeper crisis hitting the entire industry ...

Burnt, LLC, operating as Burnt BBQ & Tacos, a restaurant business based in Plano, Texas, specializing in BBQ and taco ...

Historically, Chapter 11 restructuring was a long, drawn-out process that could put a lengthy pause on company operations until the proceeding was complete. Over the past few years, ...

As of the date C1 filed for Chapter 11, the debtors have about $21.4 million in cash on hand and $1.82 billion in aggregate outstanding principal amount of funded debt obligations.

Marelli, a key supplier for automakers like Nissan and Stellantis, filed for Chapter 11 bankruptcy on June 11. Marelli manufactures an array of products for automakers, including lighting systems ...

Chapter 11 bankruptcy basics. Chapter 11 is basically a bankruptcy plan that allows businesses to restructure debts and stay open. In this type of bankruptcy, the debtor retains ownership of their ...

Chapter 11 bankruptcy is a legal process in the United States that allows businesses to reorganise their debts and continue operating. Often used by companies facing severe financial difficulties, ...