The historic vodka and whiskey brand moved from Chapter 11 to Chapter 7, with assets being liquidated and its future ...

Unless 11th-hour financing can coerce its nine MLB teams to stay put, Main Street Sports Group could have little choice but to file for Chapter 7 and immediately liquidate its business next week ...

This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.

Everett said “I’ve never seen a case” like that of Merit Street Media, in which a bankrupt entity was controlled by a party (i.e. McGraw) that hired the former company’s few remaining employees and ...

Add Yahoo as a preferred source to see more of our stories on Google. The whiskey industry hasn’t had much luck lately as a handful of distillers have filed for Chapter 11 bankruptcy across the past ...

As an avid fan of the show "Bar Rescue," I've seen countless businesses that look healthy on the outside, but actually have a rotten core. Sometimes it's staff overpouring liquor, which over the ...

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 ...

A court-appointed trustee will sell off Daryl Heller’s assets to satisfy debts following a federal bankruptcy judge’s order this week to convert Heller’s personal bankruptcy case from a Chapter 11 ...

Amherst Executive Chairman Gerald Birin would not comment. The filing comes with IBM Credit trying to sell Amherst to ePlus Technology, a Herndon, Va., solution provider, for about $2 million and ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

After a domino effect of smaller airlines filing for bankruptcy protection in the fall of 2025, the first airline shutdowns ...

Fred Stevens, who had been the Chapter 11 trustee in Lancaster businessman Daryl Heller’s personal bankruptcy case, will ...