With just a week left in 2025, the string of small and mid-sized airlines having to file for bankruptcy is not yet over. Throughout the fall, Icelandic airline Play and Swedish airline Braathens ...

Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon ...

Fast-food and casual restaurant chains, facing unsustainable debt obligations, have needed to file for Chapter 11 bankruptcy protection in the last year to reorganize their businesses. In some cases, ...

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 ...