J.C. Penney’s bankruptcy administrators argue that fees should be returned after Jackson Walker didn’t disclose the romantic ...

The restructuring landscape in 2024 demonstrated dynamic shifts, with courts across jurisdictions issuing pivotal rulings that helped ...

Bankruptcy laws exist to help people regain stability and move forward — not to punish them. And, the amount of debt required to file isn't as important as your overall ability to repay that ...

The bankruptcy administrator for JCPenney alleges Jackson Walker should disgorge fees, because it failed to disclose that one of its partners was involved in a romantic relationship with the ...

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Overview Limited liability companies (LLCs)—curious creatures of state law—often file bankruptcy. Bankruptcy courts have, ...

So, if you're thinking about filing for bankruptcy, it's important to understand what could disqualify you from doing so — as ...

Canoo, an EV startup founded in 2017, has filed for Chapter 7 bankruptcy and has ceased operations. The downfall came after the company failed to secure funding from both the U.S. Department of ...

The national retail chain announced this week that it is declaring bankruptcy for the second time in a year. The company that saved some Big Lots stores might be the new buyer. Here's what we know.

The company filed for bankruptcy last month, and announced nearly all its 850 locations throughout the country would close. This comes a little more than a year after the company emerged from a ...

The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing.

Longer term, your ability to remain in your home depends on your state’s laws, among other factors. It is certainly possible to lose your house in Chapter 7 bankruptcy. “If your mortgaged ...