Bankruptcy is a legal process that helps people or businesses who can’t afford to pay their debts get a fresh financial start. When someone files for bankruptcy, a court steps in to decide whether ...

The US-based luxury retailer said it plans to close the majority of Saks OFF 5TH shops alongside all remaining Last Call ...

Fat Brands, the parent company for chains like Round Table Pizza and Fatburger, filed for Chapter 11 bankruptcy. Here's what ...

Fat Brands, the parent company for chains like Round Table Pizza and Fatburger, filed for Chapter 11 bankruptcy. Here's what ...

Editor’s note: This story has been updated to include comment from PACS. A nursing home company has revealed it previously transferred operations of 18 Ohio nursing homes to PACS Group, paving the way ...

Twin Peaks' parent company said it expects the casual dining restaurants to "remain open and operating as usual" during the ...

Fast-casual restaurant chain Twin Peaks' parent company has filed for bankruptcy. What will happen to the Florida locations?

Beverly Hills-based Fat Brands Inc. filed for Chapter 11 bankruptcy with more than $1.4B of funded debt obligations ...

Bankruptcy is certainly not an ideal outcome for any real estate loan. If a project's in trouble, though, bankruptcy has its benefits, even for lenders. Real estate and other lenders know they should ...

One of the biggest trucking companies in the country is filing for bankruptcy after four decades in business. According to a press release from STG Logistics —one of the largest port-to-door service ...

Some young people on TikTok are framing bankruptcy as a life-changing win. Financial experts say the process should be ...