Corporate Air, a small American airline, filed for bankruptcy after reducing its fleet to only three planes. The company owes millions and ...

Verijet, a private jet charter company, has filed for Chapter 7 bankruptcy. This move signals the end of its operations. The company's rapi...

Rite Aid, the drugstore chain currently going through Chapter 11 bankruptcy, plans to close about 7% of its stores. The company has submitt...

Genesis said recovering the unpaid sums would offer a "significant benefit" to its bankruptcy estate, but that DCG is "wrongfully in posses...

The company sought protection under Chapter 15 of the US bankruptcy code, which shields non-US companies that are undergoing restructurings...

The wave of bankruptcies comes as companies struggle to re-negotiate burdensome debtloads accumulated during the era of ultra-low interest ...

The ruling by the U.S. 3rd Circuit Court of Appeals in Philadelphia removed from bankruptcy the company's LTL Management unit, which was fa...

The move comes after the Troy, Michigan-based company disclosed a probe by the US Securities and Exchange Commission and withdrew all its p...

Murray Energy and certain of its subsidiaries entered into a Restructuring Support Agreement with an ad hoc lender group holding more than ...

Shares of Rel Media came under selling pressure after Digital Domain, founded by James Cameron of ‘Titanic’ movie fame, filed for bankruptc...

The financial meltdown in 2008-09 had ravaged the American economy that not only pushed many entities out of business but also caused large...

States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or s...

General Motors, the bankrupt automaker selling most of its assets to the US government, may file for an initial public offering of its stoc...

The peanut processing company at the heart of a national salmonella outbreak filed for bankruptcy Friday, a sign the beleaguered company pl...

The Bush administration is convinced the ailing U.S. economy could not withstand the demise of Detroit's Big Three and is looking at ``orde...

Indian exporters will have to bear the burns of bankruptcies with the worsening financial crisis in US, heading towards recession.

Lehman Brothers Holdings Inc is seeking court confirmation on the status of daily clearing advances provided by Citigroup Inc to its broker...