Genesis HealthCare is asking a federal court for permission to pay nearly $10 million in executive and employee performance bonuses as it navigates the remaining weeks of bankruptcy proceedings.

Eddie Bauer plans to close 174 brick-and-mortar stores across the U.S. and Canada after failing to find a buyer during bankruptcy proceedings. The ...

All remaining Eddie Bauer stores face imminent closure after nobody steps up to buy bankrupt brand - Customers have until Thursday to use Eddie Bauer gift cards and Adventure Points in stores, after w ...

Bankruptcy might buy a company more breathing room financially, but it does not fix any underlying problems. That's why it's ...

Bankruptcy can offer a fresh financial start, but there are complex rules on how often you can file for relief.

Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, ...

Founded in 2010, iPic built its reputation on a luxury moviegoing experience. Customers could enjoy reserved recliner seats, cozy blankets and pillows, and an upscale menu featuring items like ...

Attorney Andrea McNairy of Brown & Crouppen Law Firm explains that bankruptcy is a legal process designed to provide relief ...

The iPic dine-in movie theater chain has filed for Chapter 11 bankruptcy protection, as the theatrical market continues to find its footing after the pandemic.

The commercial real estate industry has spent the past two years bracing for the next wave of loan losses as elevated interest rates collided with loan maturities. Instead of a wave of payoffs, many ...