Nearly 700 firms filed for bankruptcy last year, the highest number since the Great Recession shuttered businesses in 2010.

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...

US corporate bankruptcy filings hit a 14-year high in 2024 as filings continued at a steady clip in December 2024 and ...

Thousands of firms called it quits, sought bankruptcy protection or both. Fraud-related stories also dominated the headlines. FreightWaves looks ...

The distressed casual restaurant chain is sued by about 15 landlords after closing all of its locations in Oregon.

On the Sunday after Thanksgiving 2024, six members of Party City’s product development and sourcing teams left New Jersey for ...

Robert Armstrong Yeah, an interpretation. And bankruptcies were basically nothing in ’21 and 2022 because it was basically illegal to go bankrupt that time. Aiden Reiter Yeah. You were pumped with ...

In 2024, several well-known companies filed for bankruptcy protection in the United States. Some have filed for basic financial restructuring, allowing them to continue operating, while others ...

Rising interest rates, inflation, higher labor costs, and post-pandemic shifts in consumer spending were common factors cited ...

Bankrupt prison healthcare company Wellpath Holdings received court approval on Wednesday to spin off its behavioral health ...

The coal mining corporation board of directors began discussing the possibility of bankruptcy to survive in early 2024.

The lull in Massachusetts bankruptcies is over, recent data shows: It looks the total number of filings last year in the Bay ...