As the last days of 2025 wind to a close, many industries have seen a number of high-profile bankruptcies in a challenging economy. In the airline world, travel companies and passengers are still ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...

Iron Hill Brewery & Restaurant has filed for bankruptcy protection. The regional chain, which had operated in Pennsylvania, New Jersey and Delaware, submitted a Chapter 7 bankruptcy filing last week ...

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

Multiple Italian and pizza chains filed for bankruptcy or debt restructuring in 2025. Rising costs, reduced consumer spending, and high lease rates fueled financial struggles. A popular Italian chain ...

Operating a craft brewery has been a challenging business over the last 2-1/2 years. Brewery owners have faced several economic issues that have impacted their ability to continue as going concerns, ...

A new filing in the Diamond Comic Distributors bankruptcy proceedings confirms that the case is now moving further towards Chapter 7 oversight, with an interim trustee formally appointed by the U.S.

After a long, messy fight among numerous parties connected to the Diamond Comic Distributors bankruptcy, executives have moved to liquidate the company through a recently filed Chapter 7 proceeding.