Beleaguered luxury retailer Saks Global is close to finalizing $1.75 billion in financing with creditors that would allow its ...

Delta executives said they believe the airline industry will see more consolidation, especially among low-cost carriers.

The Supreme Court will not hear Hertz's challenge of a lower court decision, putting it on the hook for millions in interest ...

Justices let stand a ruling that approved the youth group’s chapter 11 reorganization over objections by a minority group of ...

As an avid fan of the show "Bar Rescue," I've seen countless businesses that look healthy on the outside, but actually have a ...

Diamond‘s bankruptcy is officially now in chapter 7 which means any remaining assets will be liquidated to pay back creditors.

Paul Ripon closed nine Sylvan Learning centers last year and filed bankrupty last month. Some customers are wondering if they ...

The Ohio-based company, which filed for bankruptcy in November, has been selling furniture for nearly 80 years.

Bankruptcy law does not set a single nationwide "maximum income" that cuts you off from relief. Instead, it asks a more ...

The longtime former CEO and chairman of the troubled hotel company has filed for bankruptcy, months after LuxUrban filed for ...