In February 2017, Takata declared bankruptcy and three executives plead guilty to falsifying reports. Takata would then declare bankruptcy in June 2017.

A group led by brand-management firm WHP Global plans to buy a substantial majority of the company’s retail stores and ...

Fast-casual Tex-Mex chain Tijuana Flats Restaurants has ambitious plans in its bankruptcy filing that it hopes will turn the ...

Plans that are not ERISA-qualified do not offer the same level of protection when it comes to creditors, bankruptcy and lawsuits. Common types of non-ERISA retirement accounts include individual ...

The situation has forced one seemingly successful company into bankruptcy and liquidation. Having an award-winning show or even multiple award-winning shows, does not guarantee financial success.

It has lined up a bankruptcy loan that will provide $35.5 million in new funding for the company. The company plans to close 125 stores by April 30, and shut down the remaining locations by May 31 ...

Filing Chapter 11 bankruptcy gives a company the opportunity to create plans for profitability, cut costs, and find new ways to increase revenue. Its preferred stockholders, if any, may still ...

Co-working space provider WeWork plans to exit bankruptcy without taking on more loans to fund the rest of its chapter 11 proceedings. WeWork has been in talks with creditors holding roughly 92% ...

Once bankruptcy proceedings and repayment plans are complete, you’ll have a fresh start from which to begin rebuilding your financial well-being. Depending on the type of bankruptcy filed ...

Bankruptcy, on the other hand, is a legal debt relief avenue by which the courts can require your lenders to discharge your debt (Chapter 7 bankruptcy) or work with you to restructure your assets ...