The bankruptcy law has acted as a deterrent, encouraging many firms to resolve their financial distress early in order to avoid the consequences of a resolution process, the economic survey says.

The U.S. Department of Health & Human Services may seek over $1 billion from Johnson & Johnson as reimbursement for federal ...

Port Washington’s financially troubled retirement home, The Harborside, has agreed to sell the facility to a Chicago-based investment group for $80 million.

Research shows that Black Americans are more likely than White Americans to file for bankruptcy and to choose Chapter 13, which is more expensive and often less successful than Chapter 7.

Shocking headlines have come one after another since investors first filed suit against Paramount Management Group in August, ...

Joann has filed for bankruptcy twice in the past year. What does this mean for retail locations in Salem and Albany?

A notice filed this week applies to Joann's Distribution Center in Opelika. The distribution center's closure would result in ...

Prospect Medical Holdings is seeking to finalize a sale of Roger Williams Medical Center and Our Lady of Fatima Hospital to The Centurion Group.

Six buyers will pay $11.78 million to acquire 77 Pizza Hut restaurants out of bankruptcy from franchisee EYM Group, according to a court filing. One of the bidders is Pizza Hut, which will spend $720, ...

The owners of former Steward hospitals say the company is threatening to cut off services unless the new owners pay millions more than previously agreed.

It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding ...

Spirit Airlines rejected Frontier Airlines' second attempt of trying to merge and is moving forward with its bankruptcy plans ...