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Omnicare, a subsidiary of CVS Health, has initiated a voluntary court-supervised Chapter 11 process to resolve issues related to its recent litigation in the U.S. District Court for the Southern ...

Spirit Airlines’ second bankruptcy in under a year lays bare the limits of Chapter 11’s feasibility test, which is intended to keep companies from returning to court for further restructuring. The US ...

Facing financial strain, BP Retail TX, LLC has filed for Chapter 11 bankruptcy. The company plans to restructure its finances and continue operations under court supervision. BP Retail TX, LLC, has ...

Claire's filed for bankruptcy in Delaware on Wednesday, marking the second time the teen accessories chain has entered Chapter 11 proceedings. In its bankruptcy filing, the jewelry retailer listed ...

The transportation sector continues to feel the impact of ongoing economic challenges. Among the affected businesses is Colorado-based Indian Creek Express LLC, which recently filed for Chapter 11 ...

Restructuring includes commitment of $1.6 billion in financing Deal also includes elimination of more than $2 billion of debt Further commitment of up to $950 million in equity financing May 28 ...

DOOM: The Dark Ages’ Hellbreaker chapter marks the halfway-point of the game, and is our second time stepping foot inside the huge mech that is the Atlan. As a result, we’ll be punching our way ...

Balkan Express and Balkan Logistics filed for Chapter 11 bankruptcy protection. The companies cite over $25 million in debt and list assets between $10 million and $50 million. The Fort Worth-based ...

Ascend Performance Materials on Monday filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. If approved, Chapter 11 allows a company to ...

While the typical chapter 11 “going concern” sale process is well-developed and well-known, bankruptcy also offers mechanisms for the sale of nontraditional, discrete or unique assets, such as ...