Commercial Chapter 11 filings totaled 911 in July, an increase of 78% over the 512 filings in July 2024, according ...

The exchange filed for Chapter 11 bankruptcy in November 2022. The court found the firm's founder Sam Bankman-Fried guilty of seven counts of fraud and sentenced him to 25 years in prison and ...

Chapter 11 doesn’t erase all debts and it’s not suitable for all businesses. But in the right cases, it can be a viable way for financially troubled firms to find a path through a difficult time.

Chapter 11 and Chapter 13 are two different types of bankruptcies. Both types of filings allow for the discharging of debts but have different costs, eligibility, and time to completion.

Starting in March 2025, its DBT increased to 11. The company’s DBT then rose to 18 in April 2025 and reached a high of 20 in ...

China Live may restructure under Chapter 11 as it faces $6.7 million in overdue rent and uncertain tenancy in SF's Chinatown.

Chapter 11 is a lengthy, complicated, and expensive process that's not right for every company or individual. However, for companies with a solid reorganization plan, a business can stay open and ...

The company has filed for Chapter 11 bankruptcy in Texas and is now trying to offload more than $500 million in assets, ...