The private jet operator, Jet It, has filed for Chapter 7 bankruptcy over 2 and a half years after closing its operations.

Jet It grounded its fleet in 2023 leaving its fractional owners scrambling. The day before Christmas the story ended with a ...

Along with the sudden shutdowns of commercial airlines like Play and Blue Islands, a number of charter and fractional ...

Canoo Inc. has filed for Chapter 7 bankruptcy, prompting the appointment of a Bankruptcy Trustee to manage the liquidation of its assets, as announced on January 17, 2025. Despite securing contracts ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

Whiskey distillers that filed for Chapter 11 bankruptcy in 2025 included Boston Harbor Distillery on March 31, Westward ...

While some hotel chains are weathering the economic downturn and even flourishing, a number of smaller properties or specific ...

LIT International Group, Inc., a Boston-based women’s boutique clothing chain, files for Chapter 7 bankruptcy to sell off its ...

Morgan W. Fisher has been appointed the Interim Chapter 7 Trustee in Diamond Comics' bankruptcy proceedings ...

Bankruptcy can signal the end for once-popular restaurant chains. However, some restaurants do manage to bounce back, like ...