Colombian airline Avianca Holdings said on Monday that a U.S. bankruptcy court approved a proposed financing plan of over $2 billion to help the carrier exit Chapter 11 restructuring.

The former Ellwood City Medical Center has filed for bankruptcy again – its second time in five years – leaving the borough to wonder if the long-shuttered hospital will ever see new life. Guardian ...

He’s gone from “Big Pimpin'” to big debtin’. Ex-Jay-Z partner and Roc-A-Fella Records co-founder Damon Dash has declared bankruptcy in an attempt to skip out on nearly $5 million owed in civil ...

The owner of Mi Scuzi Ristorante Italiano has filed for personal Chapter 7 bankruptcy following the restaurant's abrupt closure. Michael Farsace's filing lists liabilities between $500,001 and $1 ...

Last month, Bleeding Cool broke the news that Image Comics had settled with Diamond Comic Distributors, Inc, the debtor in the Diamond chapter 11 bankruptcy case, over plans for Diamond to liquidate ...

Last week, the court in the ongoing Diamond Comic Distributors, Inc. Chapter 11 bankruptcy case issued an order to Sparkle Pop/Ad Populum, the buyers of the Diamond Comics business division. They ...

Omnicare's bankruptcy follows years of costly settlements and a nearly $1 billion judgment, capping a troubled long-term care pharmacy investment. CVS Health’s long-term care pharmacy arm, Omnicare, ...

The Palo Verde Healthcare District Board of Directors voted earlier this week to authorize a Chapter 9 bankruptcy filing to stabilize financial struggles and preserve services at the hospital in ...

Sept 29 (Reuters) - Chipmaker Wolfspeed (WOLF.N), opens new tab said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense ...

The historic Colonial Inn in Hillsborough, N.C., reopened in late 2020 after being closed to guests for nearly 20 years. The story is not over yet, despite a Chapter 11 bankruptcy filed in 2025 by the ...

HOUSTON — A Texas-based auto dealer and lender that once billed itself as a financial lifeline for underserved buyers is now bankrupt, leaving thousands of customers with unanswered questions.