W hen you're facing increasing amounts of debt without a way to pay it off, the path forward isn't always clear. As a result, ...

Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile ...

Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.

With debts piling up and potential foreclosure on the horizon, a troubled developer has sought a reorganization.

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved its recovery plan.

There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...

Prospect Medical Holdings, the owner of Waterbury, Manchester Memorial and Rockville General hospitals, filed for Chapter 11 bankruptcy in January.

Sources indicate that while no final decision has been made, the filing could take place within the next two months, ...

In recent years, the restaurant chain saw customer foot traffic decline and had to close many locations across the country.

What we know so far is, Hooters has reportedly been working to address its debt load with lawyers, as well as with turnaround ...