Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a financially distressed business may choose liquidation under Chapter 7 rather ...

Comic book publisher Humanoids Corporation, the American arm of the renowned French comic book publisher Les Humanoïdes Associés, has filed for Chapter 7 bankruptcy in the US, renaming itself the HC ...

A bankruptcy trustee has accused Shilo Sanders of making unauthorized transfers of about $250,000. Sanders filed for bankruptcy in 2023 to address an $11.89 million judgment from a lawsuit. The ...

This Chapter 11 case is an anomaly” since ‘there never has been a pretense of a rehabilitation or a reorganization’ of Merit ...

Dr.” Phil McGraw has lost the bankruptcy case concerning his company Merit Street Media. McGraw has been locked up in ...

Control of Daryl Heller’s financial assets will be given to a court-appointed trustee who will be in charge of selling them to pay off his creditors, a judge decided today. In overseeing Heller’s ...

Evidence from senior creditors reveals how payment-processor practices deepened the crisis - and why the Chapter 7 estate now plans to sue.

A trustee in Shilo Sanders’ bankruptcy case has filed a complaint claiming that the former Colorado Buffaloes star made unauthorized transfers worth approximately $250,000. Sanders, who filed for ...

A hotel chain that once boasted its aim was to compete with Marriott and Hilton has ceased operations amid a torrent of controversy. LuxUrban Hotels' Chapter 11 bankruptcy case has been converted to a ...

PBR joined Trinity Broadcasting in objecting to the bankruptcy filing by claiming Merit Street filed for bankruptcy to avoid ...