The exchange filed for Chapter 11 bankruptcy in November 2022. The court found the firm's founder Sam Bankman-Fried guilty of ...

The New Port Richey, Fla., pizza restaurant chain, whose locations are known as Backdraughts Pizza, filed its Subchapter V petition in the U.S. Bankruptcy Court for the Middle Dis ...

The Bankruptcy Code provides that a debtor may voluntarily convert its case from Chapter 11 to Chapter 7 unless a Chapter 11 trustee has ...

This year, beauty technology company Cutera filed for a prepackaged Chapter 11 bankruptcy on March 5 to reduce its debt by ...

The company operates a fleet of 58 trucks to deliver refrigerated goods across 48 states, per the company’s website.

A Chapter 11 bankruptcy also remains on the debtor's account for up to 10 years, affecting their ability to obtain new debt and leases. Consequences Of Chapter 11 Bankruptcy.

As the pandemic continues to hammer retailers, many are filing for Chapter 11 bankruptcy. Here’s what that means for the business and consumers.

Chapter 11 bankruptcy is known as “reorganization” bankruptcy. This chapter allows businesses and individuals with high-value assets to develop a repayment plan to satisfy creditors over time.

Del Monte Foods, the canned vegetables company, said it filed for Chapter 11 bankruptcy and secured financing to continue ...

Both J.Crew and Neiman Marcus have filed for Chapter 11 bankruptcy, so what does it mean when a company files for bankruptcy? Rebecca Rose Woodland joined TheStreet to discuss bankruptcy. Watch ...

Chapter 11 differs from other bankruptcy options, like the more common Chapter 7, as a business enters the process intending to continue business operations post-bankruptcy filing.

Considering Chapter 11 bankruptcy is a complex and challenging process, but it can offer a path to recovery for companies facing financial distress. Newsletters Games Share a News Tip.