When financial troubles mount and debts are piling up, filing for bankruptcy protection may be a last resort option. Personal bankruptcy filings usually involve Chapter 7 or Chapter 13, but when ...

Customers are left without orders as a major furniture chain halts shipments and refunds during Chapter 11 bankruptcy ...

Technological progress in industries has led to the demise of companies and whole business sectors throughout history. A classic example of the collapse of an industry caused by technological ...

"The lady doth protest too much, methinks." Sometimes the classics tell the story and, in this case, Shakespeare's "Hamlet" ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

A leading comic book distributor shifts from Chapter 11 to Chapter 7 bankruptcy, handing control to a trustee and signaling a major liquidation.