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.

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

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

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

Aspiration Partners, a climate finance company, filed for Chapter 11 bankruptcy protection after co-founder Joseph Sanberg ...

In comparison to its previous fleet plan, Spirit Airlines plans to operate 23 fewer aircraft by the end of 2025.

Mondee, founded in 2011, went public on the Nasdaq in 2022 and moved its headquarters from San Mateo, California, to Austin.

Recent bankruptcy filings in Central Florida offer insights into the changing landscape of commercial financial distress. Click to learn which sectors may be next to face difficulties.

The Stoli Group is owned by exiled Russian billionaire Yuri Shefler, who was exiled from Russia two decades ago. The Kentucky ...

AUSTIN, Texas, April 04, 2025 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. announces its acquisition by Tabhi, and exit from Chapter 11 restructuring. Tabhi acquired substantially all the assets of ...