W hen you're facing increasing amounts of debt without a way to pay it off, the path forward isn't always clear. As a result, ...

Retail sales in the cannabis space continue to rise, but brands have struggled to differentiate themselves. A number of major ...

There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...

Understanding your role and how it fits within the broader bankruptcy landscape can make it easier to navigate the process.

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved its recovery plan.

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...

Chapter 11 plans contain various releases – some in favor of the debtor and some in favor of certain nondebtor third parties.

Nikola (NKLA) shares plunged by over 50% on Wednesday after the electric vehicle (EV) maker was unable to raise funds or ...

Electric vehicle startup Nikola filed for Chapter 11 bankruptcy on Wednesday and plans to move forward with an auction of its ...

The electric vehicle startup Nikola has filed for bankruptcy protections after it failed to secure new money or locate a ...

Nikola (NKLA) filed for Chapter 11 bankruptcy, with $47 million in cash, limited operations through March, and plans for a ...

Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.