Before you swipe, withdraw or transfer cash, you should know how spending works in a Chapter 7 bankruptcy case.

LLC and Kentucky Owl LLC, two subsidiaries of global spirits company Stoli Group, filed to convert their Chapter 11 process ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

A United States-based airline has filed for bankruptcy. This bankruptcy has come a little over a month after the passing of the company’s founder and CEO. The United States Courts website describes ...

Diamond Comic Distributors Inc., the debtor in the long-running Chapter 11 bankruptcy, is now heading toward Chapter 7, with the debtor requesting that the U.S. Bankruptcy Court in Maryland convert ...

Iron Hill Brewery & Restaurant has filed for bankruptcy protection. The regional chain, which had operated in Pennsylvania, New Jersey and Delaware, submitted a Chapter 7 bankruptcy filing last week ...