In a decision of first impression, the U.S. Bankruptcy Court for the Northern District of Illinois (the court) imposed ...

Private credit lenders are easing loan terms on existing deals in hopes of staving off costly restructurings, at the risk of ...

Seven days before Halloween, CandyWarehouse.com, a Texas-based bulk candy retailer, filed for bankruptcy under $2.8 million ...

A bankruptcy judge reportedly ruled Dr. Phil's Merit Street Media company assets will be converted to a Chapter 7 liquidation instead of Chapter 11.

A 19-year-old Rutgers University student was injured, officials said. A fraternity chapter at a New Jersey college has closed a week after an alleged hazing incident that left a 19-year-old student ...

A hotel chain that once boasted its aim was to compete with Marriott and Hilton has ceased operations amid a torrent of controversy. LuxUrban Hotels' Chapter 11 bankruptcy case has been converted to a ...

A Littleton maker of vodka, whiskey and gin is ceasing operations. 52eighty Distilling, founded in 2018, filed for Chapter 7 bankruptcy last week. The business started by brothers Erick and Drew ...

PrimaLend, which provides financing to so-called buy-here-pay-here auto dealerships, filed for bankruptcy Wednesday, aiming to sell itself under chapter 11 while maintaining its operations. Plano, ...

This is read by an automated voice. Please report any issues or inconsistencies here. New York State Assemblyman Zohran Mamdani’s victory in June’s Democratic primary for New York City mayor wasn’t ...

President Donald Trump said he's prepared to meet with Chinese President Xi Jinping in South Korea later this month. - Maxim Shemetov/Reuters/Graeme Sloan/Sipa USA/AP Another spat between the leaders ...

Another spat between the leaders of the world’s two largest economies has quickly escalated, and if President Donald Trump and Chinese President Xi Jinping don’t lower the temperature soon, both ...

After just five years in business, U.S. private airline Verijet has filed for bankruptcy following the death of its founder and CEO, Richard Kane. The airline, which touted itself for offering a more ...