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 ...

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

A popular teen jewelry retailer is closing stores as a result of filing for Chapter 11 bankruptcy for a second time. See if ...

On August 10, reports confirmed that Beyond Meat, the company making plant-based meat substitutes, is filing for Chapter 11 ...

A Pittsburgh-region trucking company filed for Chapter 11 bankruptcy protection.

Avant Gardner, parent company of Brooklyn Mirage, has voluntarily filed for Chapter 11 bankruptcy. Current CEO Gary Richards ...

The hard cider producer and craft beverage restaurant operator files Chapter 11 bankruptcy to restructure its debt.

NLC Energy, a renewable natural gas company converting manure and food waste into clean energy, has filed for Chapter 11 ...

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.

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 ...

Like Chapter 7, a Chapter 11 case starts with the filing of the petition, the Schedules and Statement of Financial Affairs, and the Section 341 meeting. But this is generally where the ...