The owner of restaurant chains like Twin Peaks and Round Table Pizza is making progress in mediation with lenders and creditors and plans an ...

LOS ANGELES, CA - Californians facing unmanageable debt may find relief through Chapter 7 bankruptcy, a legal process ...

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.

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 ...

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 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 ...

A Baltimore restaurant recently filed for bankruptcy in an effort to prevent the foreclosure sale of its building in Fells Point, reports CBS News (1).

Editor’s note: This story has been updated to include comment from PACS. A nursing home company has revealed it previously transferred operations of 18 Ohio nursing homes to PACS Group, paving the way ...