The trucking and logistics industry has faced economic distress in 2025, leading several transportation companies to shut ...

Companies usually file Chapter 11 bankruptcy as a last resort. That's because once they file, a court has control of the ...

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case.

New data shows a double-digit rise in bankruptcies, with signs of growing pressure on businesses and households alike.

Those who have supported the Madison manufacturer said the bankruptcy was unfortunate, but not unexpected, and are cautiously ...

University of Chicago Law School 1111 East 60th Street, Chicago, Illinois 60637 773.702.9494 In 1978, the United States adopted the Bankruptcy Code and its Chapter 11, which allows companies to ...

Earlier this month, On the Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy protection after closing dozens of ...

The corporate parent of the restaurant chain known for its skimpy waitstaff outfits says it can sort out its beleaguered ...

It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to ...

Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes as the chain seeks to sell its company-owned ...

Spirit Airlines CEO Ted Christie and Chief Commercial Officer Matt Klein have stepped down, a leadership transition that ...

Chapter 15 of the Bankruptcy Code is a mechanism for debtors to have foreign insolvency proceedings recognized in the U.S. and to have the ...