When financial troubles mount and debts are piling up, filing for bankruptcy protection may be a last resort option. Personal bankruptcy filings usually involve Chapter 7 or Chapter 13, but when ...

American EV upstart Fisker has filed for Chapter 11 bankruptcy in a Delaware court, marking an end to its attempts to succeed with an affordable SUV in a cut-throat market. "We have faced various ...

Rite Aid has been hemorrhaging money and struggling to keep up in the competitive retail pharmacy industry amid high inflation, rising costs, and a heap of lawsuits resulting from filling hundreds of ...

A Vice Media office in Los Angeles in 2019. (Getty Images) Vice was the quintessential digital media business, if by “quintessential digital media business” you mean an elaborate project that involved ...

Discount retailer files Chapter 11 bankruptcy with plans to close all 68 of its stores. Brick-and-mortar retail stores have faced financial distress in the last two years for many of the same reasons.

The U.S. Supreme Court will hear oral arguments Monday in Harrington v. Purdue Pharma to determine whether a bankruptcy court can discharge claims against a party that did not itself file for ...

DNA testing company 23andMe announced that it filed for Chapter 11 bankruptcy on March 23. Customers send vials of their saliva to 23andMe for results on ancestry and health. The company can run ...

Good day. The Boy Scouts bankruptcy is entering a critical stage as a settlement offer gains momentum. And Johnson & Johnson won a court ruling over personal-injury lawyers who wanted the company ...

In a shocking turn of events, 23andMe has filed for bankruptcy. The genetic testing giant, once valued at $6 billion after going public in 2021, encouraged millions to spit in tubes and discover their ...

Vijay Mallya, the fugitive businessman wanted in India on fraud and money laundering charges, recently discontinued his bankruptcy annulment application in the UK ahead of a scheduled High Court ...