Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.

Over in the U.S., charter seaplane airline Tailwind Air lost its license in January 2025 after branding itself as a luxury ...

The bankruptcy filing of Sailormen is putting pressure on the fast-food chicken chain while proving that franchisors should ...

Geoffroy van Raemdonck, who previously saved Neiman Marcus, is now tasked with reviving Saks Global. He comes with proven ...

Yet in the meantime, the episode is shaping up to be a painful lesson in the dangers of trying to catch a falling knife. The ...

The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

MixxTravel: The Malmö-based travel company was forced to cancel trips and wind down operations after being declared bankrupt ...

LONDON, Jan 15 (Reuters) - The rate of ‌senior ​loan writedowns by private ‌credit funds has tripled since 2022 as higher ...

Saks Global said the company is 'evaluating its operational footprint to invest resources where it has the greatest long-term ...

The retailer, split off from Hudson’s Bay Co. over a year ago, struggled with debt and fell significantly behind on vendor ...