Nonprofit operator Lutheran Life Communities is filing for Chapter 11 bankruptcy as it seeks to reorganize its operations and financial holdings. The ...

Chapter 11 plans that propose to extinguish existing equity interests because the estate does not have any value remaining after the payment ...

A recent decision from U.S. District Court Judge David Cleary for the Northern District of Illinois addresses this issue head ...

The financial drain from these issues cuts deep into revenues and impacts the thin margins pizza restaurants already face, ...

# Baha Mar’s contractor is accusing Sarkis Izmirlian of seeking to “circumvent” the Bahamian courts by using its US Chapter 11 protection as a “springboard” to pursue the winding-up of its two Nassau ...

Hydrogen-powered freight truck maker Nikola is considering bankruptcy filing as it explores financial restructuring options, ...

The brand owner’s junior creditors say Willkie Farr & Gallagher can’t serve as an unbiased adviser because of its connections ...

Continuing care retirement community (CCRC) operator Lutheran Life Communities is filing for Chapter 11 bankruptcy as it seeks to reorganize its ...

Latham & Watkins LLP said the Justice Department’s bankruptcy watchdog has “no valid basis” to oppose its retention in ...

The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...

Nikola (NKLA) stock plunged over 24% to 75 cents in after-hours trading yesterday on news of nearing a bankruptcy filing. The ...