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 ...

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.

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, ...

The Education and Justice Department released new data on the bankruptcy process for student-loan borrowers. It found that 588 new cases were filed from October 2023 to March, a 36% increase from the ...

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 ...

The fear of losing legacy brands is increasingly becoming a reality as even well-known retailers struggle to adapt to shifting consumer preferences, rising operating costs, e-commerce growth, and ...

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 ...

Individual stock traders looking to cash in winning bets on Hertz Global Holdings Inc. are in unfamiliar territory as the company exits chapter 11, finding themselves navigating a bankruptcy process ...