A common reason given for the financial struggles of restaurants in recent years has been the lingering effects of the ...

Stoli Group USA, the owner of the namesake vodka, has filed for bankruptcy as it struggled to contend with slowing demand for ...

When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to return the funds. But whether those same obligations apply to the Internal ...

The Washington Examiner breaks down the four cases the Supreme Court will take up next week to open the December session.

Typically, in bankruptcy proceedings a creditor must return payments made shortly before the debtor filed for bankruptcy. At Monday’s argument in United States v. Miller, the justices were asked to ...

The United States Bankruptcy Court for the Southern District of New York has allowed Spirit Airlines to sell an initial batch ...

Spirit Airlines (SAVEQ) announced on Tuesday that it has received approval from the United States Bankruptcy Court for the ...

Florida-based airline Spirit Airlines, known for its low cost fares, confirmed the “prearranged” filing is part of a restructuring plan in a statement on Monday, Nov. 18 ...

Filings show the Littleton location of the controversial wildlife facility has lost hundreds of thousands of dollars in the ...

SeaQuest filed for bankruptcy on Dec. 2, according to court documents. This comes a year after the embattled aquarium left ...

WASHINGTON, UNITED STATES - FEBRUARY 28 ... According to studentaid.gov, proving undue hardship requires the bankruptcy court to recognize one of the following situations: That repaying your ...