A judge converted Lexington Blue's bankruptcy to Chapter 7 to liquidate assets. Homeowners and unsecured creditors will share recoveries, likely pennies on dollar. Texts show owner Brad Pagel involved ...

Forbes contributors publish independent expert analyses and insights. Doug Gollan covers private aviation and the business of luxury travel. The filing comes less than a month after its founder and ...

A leading comic book distributor shifts from Chapter 11 to Chapter 7 bankruptcy, handing control to a trustee and signaling a major liquidation.

As the last days of 2025 wind to a close, many industries have seen a number of high-profile bankruptcies in a challenging economy. In the airline world, travel companies and passengers are still ...

Smoke BBQ owner files Chapter 7 amid nearly $2.7M in claims, putting the downtown rooftop's future in question.

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 ...

A hotel chain that once boasted its aim was to compete with Marriott and Hilton has ceased operations amid a torrent of controversy. LuxUrban Hotels' Chapter 11 bankruptcy case has been converted to a ...

Greek restaurant chain Opa! Authentic Greek Cuisine filed for bankruptcy and has plans to liquidate the company’s remaining assets in California, according to a recent filing. Listing a principal ...

Here is a list of Lancaster County bankruptcies recorded in U.S. Bankruptcy Court, Eastern District of Pennsylvania, Reading, ...