There are two main types of business bankruptcies in the U.S.: Chapter 7, or “liquidation bankruptcy,” and Chapter 11, or ...

The major franchisee operates over 350 fast-food burger restaurants and six brunch cafes.

CVS Omnicare, which serves nursing homes, assisted living centers, and long-term care and rehab facilities, filed for Chapter ...

One of Wendy's biggest U.S. franchisees, Meritage Hospitality Group, filed for Chapter 11 bankruptcy protection.

Allbound Carrier, Freight Sherpas Inc., Honey Bee Freight Group LLC, and K&L Trucking LLC are some of the other trucking ...

The company cited financial pressures, including what it described as “sustained system-wide headwinds affecting the broader Wendy’s brand." ...

Xoco Transport, based in the border city of Hidalgo, reported $2.2 million in assets and $3.3 million in liabilities.

When a corporation or partnership runs into financial trouble but wants to remain open, it has the option to file for a chapter 11 bankruptcy. This provides protection from creditor actions while the ...

Chapter 11 plans that propose to extinguish existing equity interests because the estate does not have any value remaining after the payment of creditor claims are common. The Bankruptcy Code's ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. QVC was once a powerhouse of home shopping. Photographer: Scott Lewis/Bloomberg QVC Group ...

A U.S. ‌bankruptcy judge has approved Latvian carrier airBaltic's requests to continue operating under Chapter 11 bankruptcy ...