Books Inc., the Bay Area’s oldest independent bookstore, has filed for Chapter 11 bankruptcy protection, citing financial struggles exacerbated by the COVID-19 pandemic. The 174-year-old San Leandro ...

Crozer Health parent company Prospect Medical Holdings has announced that it is filing for Chapter 11 bankruptcy, and the ...

Prospect Medical Holdings, Inc. filed for Chapter 11 bankruptcy on Saturday night. The bankruptcy filing affects several hospitals in Connecticut, including Waterbury Hospital, Manchester Memorial ...

Joann files for Chapter 11 bankruptcy again, aims to sell assets, close stores, and restructure amidst financial struggles.

Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court on Wednesday, marking its ...

The “court-supervised reorganization” was announced in an open letter in May 2024, as a response to claims of sexual abuse ...

Highlights,The concept of "Debtor in Possession" refers to firms continuing operations during Chapter 11 bankruptcy.,The firm retains control of its assets and operations, while working toward ...

Comics distributor Diamond is restructuring and opting for bankruptcy in order to staunch the financial bleeding.

Joann's stores and e-commerce platform continue to operate normally as she seeks court approval to sell most of her assets ...

A judge sympathetic to the hundreds of victims of the massive Port Neches refinery explosion was not able to convince the ...