The company is facing limited options ahead of a more than $100 million debt payment due at the end of this month.

Koombea Inc., a digital product development company, has filed for bankruptcy relief. The company from Naples, Florida, has ...

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When a business files Chapter 11 bankruptcy, that doesn’t mean it has declared itself kaput — far from it. Filing Chapter 11 is like sending out a SOS signal: It allows the business to keep operating ...

A luxury footwear company has filed for Chapter 11 bankruptcy as demand cools and consumers pull back on discretionary spending.

Brazilian airline Azul SA is the latest in a string of overseas carriers turning to Chapter 11 in the US, becoming “bankruptcy tourists” to access legal protections largely out of reach in their home ...

Express Inc. — once a trendsetter of casual office attire that has struggled to compete with the likes of Zara and H&M — has filed for Chapter 11 bankruptcy protection. The retailer based in Columbus, ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Luminar Technologies, Inc. (NASDAQ: LAZR) (the "Company" or "Luminar"), a leading global technology company, today announced that it has initiated voluntary chapter 11 cases in the U.S. Bankruptcy ...

One of the oldest distributors of comics has filed for Chapter 11 bankruptcy. Tuesday morning, Diamond Comic Distributors filed a voluntary petition for relief under Chapter 11 in order to help ...

The Chapter 11 bankruptcy filing allows one of the city’s oldest firms to restructure its organization to pay back creditors while continuing to operate.