The liquor and wine brand has filed for Chapter 11 bankruptcy protection. That moves comes after its bank filed an involuntary Chapter 7 bankruptcy for the company. Courts will have to decide which ...
U.S. spirits distillers are battling economic challenges in 2025 that have forced some companies to file for bankruptcy protection. Distillers have struggled with the rising cost of labor and products ...
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 ...
Prairie Eye Center, a Springfield-based optometry group, filed for Chapter 11 bankruptcy on Dec. 29, 2025. The company reported a net loss of over $643,000 in 2024 and has liabilities of $10.6 million ...
One of New Mexico’s most well-known brewers is seeking Chapter 11 protection after accruing millions in liabilities. Bosque Brewing Co. LLC initiated a Chapter 11 bankruptcy filing with the United ...
Diminished overseas demand for U.S. livestock forage has contributed to a major Northwest hay exporter seeking Chapter 11 bankruptcy protection while restructuring its business. In its Chapter 11 ...
Technological progress in industries has led to the demise of companies and whole business sectors throughout history. A classic example of the collapse of an industry caused by technological ...