Michael Johnson's new-look competition still owes some vendors over $1 million while only having $0-$50,000 in assets.

The company ceased most of its operations in August and officially filed Chapter 11 bankruptcy protection in late November.

South Arkansas bankruptcies listed by county for the week ended Tuesday, December 9, 2025, according to the United States ...

United, the world's second-biggest airline, filed the largest bankruptcy case in aviation history on Monday. Elizabeth Brackett reports on the effects bankruptcy may have on United's business and its ...

Dec 30 (Reuters) - Lawmakers around the United States have tried to grant justice to victims of decades-old incidents of child sexual abuse by giving them extra time to file lawsuits. Now some of the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Beleaguered pharmacy chain Rite Aid has officially filed for Chapter 11 bankruptcy protection after weeks of media reports suggesting that it was on the cusp of doing so. The bankruptcy is Rite Aid’s ...

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

• Senate Majority Leader Mitch McConnell, R-Ky., proposed enabling states to file for bankruptcy to alleviate coronavirus-inspired fiscal stress. • State bankruptcies aren’t allowed today, so for that ...

Senate Majority Leader Mitch McConnell said Wednesday he would rather let state governments declare bankruptcy during the coronavirus pandemic than receive more federal funding. He suggested ...

Alexandra Hutzler is currently a staff writer on Newsweek's politics team. Prior to joining Newsweek in summer 2018, she was a crime and politics reporter for The Riverdale Press in the Bronx. She ...