Ascend Elements said on Friday it has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow to investors who had sunk nearly $900 million into the company. Linh Austin, Ascend’s CEO, ...

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Spanish Broadcasting System announced it intends to voluntarily file for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware after reaching a Restructuring Support ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A Palm Beach Gardens restaurant ...

For more than three decades, Michael “The Mender” Herzog has been quietly helping keep the shelves of the Napa County Library in working order — one book at a time. In fact, he knows exactly how long ...

Spandex and apparel fiber maker The Lycra Company has entered a Chapter 11 restructuring support agreement with its creditors that will help erase around $1.2 billion in long-term debt while ...

Borrowers with high-rate debt have been navigating a difficult financial environment in recent years. Credit card interest rates remain near record highs, household balances have continued to climb, ...

On Thursday morning, Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt between its ...

This is read by an automated voice. Please report any issues or inconsistencies here. The iPic dine-in movie theater chain has filed for Chapter 11 bankruptcy protection and intends to pursue a sale ...

ATLANTA — A bankruptcy attorney weighed in after the owner of the Slutty Vegan restaurant franchise, Aisha “Pinky” Cole, filed for Chapter 11 bankruptcy. “I think Pinky has a great, creative work ...

Several lawmakers on Wednesday called out Attorney General Pam Bondi and the Department of Justice—accusing the agency of “spying” on Congress members—after a photo of Bondi’s notes during her ...

Bankruptcy filings have been climbing as Americans continue to grapple with several looming economic issues, including persistent inflation and high interest rates on borrowing options. When you ...