The Chapter 11 filing highlights how quickly wholesale receivables can turn into uninsured losses - putting trade credit ...

The iconic luxury retailer has a location at the American Dream mall. Saks' purchase of Neiman Marcus saddled it with $2 ...

U.S. bankruptcy filings are on the rise in the second half of 2025, signaling mounting financial pressures on both households and businesses. According to the latest quarterly report from the ...

Opinion: Congress and the courts must reform the bankruptcy system to bring it in line with trauma science, basic fairness, ...

(CN) — In his classic 1926 novel “The Sun Also Rises,” Ernest Hemingway says you go bankrupt in two ways — gradually, then suddenly. Likewise, the hundreds of thousands of U.S. businesses and ...

Brazilian airline Azul SA won US court permission to exit bankruptcy and implement a creditor-backed restructuring that trims debt and lines up new investment from United Airlines Holdings Inc. and ...

WILMINGTON, DE – A US bankruptcy court in Delaware has entered a default judgment against Byju Raveendran, the founder of the major Indian ed-tech firm Byju’s, holding him personally liable for over ...

NEW YORK, Nov 20 (Reuters) - One of the largest law firms to face scrutiny over its lawyers' use of artificial intelligence avoided sanctions in a federal bankruptcy case on Thursday, but a judge ...