There are two main types of business bankruptcies in the U.S.: Chapter 7, or “liquidation bankruptcy,” and Chapter 11, or ...

The carrier expects its operations to continue as normal despite the filing.

Understand how companies reorganize amid financial challenges to ensure business continuity via Chapter 11 bankruptcy. In the complex world of finance and business, bankruptcy serves as a crucial ...

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to read on.

European airline AirBaltic has reassured passengers that its flights will "continue without interruption" after the company voluntarily filed for Chapter 11 bankruptcy protection in the US.

Baltic filed for Chapter 11 with a €350m financing commitment subject to court approval; it says flights will continue.

View post: Grocery chain closes one of its last stores in major market In a Chapter 11 bankruptcy, a company often loses control of its business. It may enter with a financing plan, but if creditors ...

Consumers’ flight from brick-and-mortar stores in malls became a major problem for retailers as internet sales and e-commerce began taking business away from physical stores in the 1990s. Malls were ...

Restaurants have struggled as consumers have pull back spending and trade down in their choice of where to eat. That has led to high-profile closures, including Smokey Bones shutting down many of its ...