Westinghouse filed for bankruptcy on Wednesday, listing $9.81 billion in debt, after months of pressure from parent Toshiba. The company requested in court papers a 30-day relief period to ...

For the first time since 1954, no large new atomic reactors are under construction or on order in the United States. On March ...

April 23 (Reuters) - WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire the coworking business, saying Monday that WeWork's management should engage in ...

Express Inc. — once a trendsetter of casual office attire that has struggled to compete with the likes of Zara and H&M — has filed for Chapter 11 bankruptcy protection. The retailer based in ...

Tensions are growing in the Archdiocese of Baltimore’s bankruptcy case around the role of the church’s insurers. Baltimore’s arm of the Catholic Church, America’s oldest archdiocese ...

As you can see right here, we've seen JC Penny's, Forever 21, Toys "R" Us all file for bankruptcy. But it doesn't always end up this way. It's important to note here Laura Taylor, Sears, of course ...

Popular MAGA conspiracy blog Gateway Pundit is filing for bankruptcy amid a string of defamation lawsuits it is facing. The blog, which was launched in 2004, has been a hotbed of conspiracy ...

Express Inc. has filed for Chapter 11 bankruptcy protection and the fashion retailer is seeking to sell the majority of its stores NEW YORK -- Express Inc — once a trendsetter of casual office ...

In September 2019, Purdue Pharma filed Chapter 11 bankruptcy to seek protection from lawsuits about its opioid pain medication, OxyContin. Four years later, in December 2023, the U.S. Supreme ...

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 ...

Bankruptcy is a legal proceeding initiated when a person or business cannot repay outstanding debts or obligations. It offers a fresh start for people who can no longer afford to pay their bills.