The exchange filed for Chapter 11 bankruptcy in November 2022. The court found the firm's founder Sam Bankman-Fried guilty of ...

Desktop Metal files for Chapter  11 in Texas and moves to sell ExOne, EnvisionTEC, and other subsidiaries to Anzu Partners.

U.S. Bankruptcy Court Judge Christopher Lopez approved Dallas-based Steward Health Care’s Joint Chapter 11 Plan of Liquidation on July 25, allowing the financially troubled system to distribute ...

Later in April 2024, Sticky's Holdings, the parent company of New York-based chicken fingers fast-food chain Sticky's, filed ...

Administrator says Dentons is trying to ‘run out the clock’ until the court approves $25 million in fees and expenses from ...

3D-printing remains a viable idea, but it's one that has not truly caught on. Now, one of the largest manufacturers in the ...

Chapter 11 doesn’t erase all debts and it’s not suitable for all businesses. But in the right cases, it can be a viable way for financially troubled firms to find a path through a difficult time.

Chapter 11 is a lengthy, complicated, and expensive process that's not right for every company or individual. However, for companies with a solid reorganization plan, a business can stay open and ...

Like Chapter 7, a Chapter 11 case starts with the filing of the petition, the Schedules and Statement of Financial Affairs, and the Section 341 meeting. But this is generally where the ...