Bankrupt Genesis Healthcare Inc. has named Genie 3 Partners the new lead bidder in a second auction for its substantial ...
Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, ...
The company will use bankruptcy process — and $150 million in fresh capital — to restructure its debt and operations.
Opinion: Congress and the courts must reform the bankruptcy system to bring it in line with trauma science, basic fairness, ...
Ellucian announced it had completed its acquisition of a Anthology business through a Chapter 11 bankruptcy process.
Bankruptcy is certainly not an ideal outcome for any real estate loan. If a project's in trouble, though, bankruptcy has its benefits, even for lenders. Real estate and other lenders know they ...
The Chapter 11 petition seeks to reject the leases for nine cafes and its former roasting plant in Ivy City by Jan. 30 if it ...