It is generally recognized that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy proceeding as a "main" proceeding ...

Last year the Nasdaq warned the business it was at risk of being delisted. Creditors say they are owned unpaid consulting and ...

With companies controlled by Daryl Heller now allegedly owing more than $200 million to a variety of creditors, one lender is ...

Copper Entities' bankruptcy halts Price Tower sale, unveiling financial woes, art disputes and legal battles over ...

What exactly happens when you file for bankruptcy, though — and how can you determine if it's the right choice for you? Below ...

Unable to secure any funding from the U.S. Department of Energy’s Loan Program Office (or, apparently from other sources, ...

NCLT has ordered the liquidation of Tulip Hotels after the company failed to secure a bidder during its insolvency resolution ...

Shares of Vedanta Ltd rose 2 per cent in Friday's trade after the Anil Agarwal-led company in a stock exchange filing said a meeting of shareholders and creditors will held on Tuesday, February 18 ...

It held that “It is well settled law that the fact that Financial Creditor has initiated proceedings before the DRT does not preclude them to take remedy under Section 7, which is a special ...

Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...