A popular casual restaurant chain franchise that features scantily clad women servers filed for Chapter 11 protection but not ...

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, ...

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

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

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

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

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.

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

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

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

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

(Reuters) - Nikola filed for Chapter 11 bankruptcy protection, according to a court filing on Wednesday, as the electric ...