Most companies follow a gradual path to a Chapter 7 bankruptcy. In many cases, the brand will show obvious signs of struggle, such as paying vendors late, missing payroll dates, or cutting back on ...

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Pushed over the edge by recent customer lawsuits and a “crypto winter” that saw Bitcoin valuation halved, Chicago-based cryptocurrency trading firm BlockFills filed for Chapter 11 bankruptcy ...

Spandex and apparel fiber maker The Lycra Company has entered a Chapter 11 restructuring support agreement with its creditors that will help erase around $1.2 billion in long-term debt while ...

Fortnite Chapter 7 Season 2, also known as Showdown, will launch on Thursday, March 19 with an epic face-off between the Foundation and the Ice King. Dwayne "The Rock" Johnson will reprise his role as ...

The auto industry has faced economic distress in the last year that led to bankruptcy filings and business closings. Most troubled businesses cite many of the same issues that are causing problems, ...

Cumulus Media, a national radio broadcast company with holdings that include WXLO of Worcester, filed a streamlined Chapter 11 bankruptcy package on Thursday, March 5. The move eliminates about $600 ...

Luxury movie theater operator iPic Theaters has filed for Chapter 11 bankruptcy reorganization, planning to sell its assets but vowing to try to return to operating after a restructuring. Pending “a ...

After years of financial turmoil, Hawthorne Race Course filed for Chapter 11 bankruptcy in Chicago on Friday in an effort to restructure the 135-year-old institution’s debt, save dozens of jobs and, ...

Luxury dine-in movie chain iPic Theaters is trying to script a comeback through bankruptcy court. After filing for Chapter 11 bankruptcy protection, the Boca Raton-based chain plans to pursue a ...

The end is nigh. After launching on Nov. 29 of last year, Fortnite Chapter 7 Season 1 is nearing its end, albeit incredibly slowly. That's a good thing, as fans are more than ready for something new — ...

HOUSTON — A Houston-based natural gas compression company is preparing for a sale as it files for Chapter 11 bankruptcy protection after some of its units were stranded in the Gulf. Axip Energy ...