A bankruptcy judge ruled that Yellow Corp. was a “liquidating fiduciary” when it laid off nearly all union employees, meaning it likely won’t face liability under a federal law requiring advance ...

A federal bankruptcy court in Delaware sided with Yellow’s rationale for shortening the layoff notification period to union employees.

In an ominous sign for visual effects artists, Technicolor -owned MPC, the banner behind recent Disney films “Mufasa: The ...

Despite their efforts, the team struggled financially and in 2018 filed for Chapter 11 bankruptcy. Reports suggest that co-owner Ron Devine was accused of using family trusts and corporations to ...

The news comes ahead of the world premiere of Tom Tykwer’s contemporary German drama “The Light” (pictured), which was co-produced by Gold Rush Pictures and will open the Berlin Film ...

According to an initial report by the Associated Press, the Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection last month for the second time within a year, with the company ...

LEWISTON, Maine (WMTW) - Joann, the bankrupt fabrics and crafts retailer, will be closing 500 of its 800 stores nationwide in the coming months. The list of Joann locations that are set to close ...

Across the U.S., 40 dioceses and religious orders have declared bankruptcy. The first was the Archdiocese of Portland, Oregon, in 2004. The most recent was the Diocese of Burlington, Vermont, in late ...

A logo sign outside of a Joann retail store is seen in Arlington ... Last month, the Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection for the second time within a year, with the ...

Fabric and crafting store Joann is set to close more than half of its 800 stores as part of the bankruptcy process. The company, which filed for Chapter 11 protection a second time last month ...

(NEXSTAR) — Less than a month after filing for Chapter 11 bankruptcy protection for the second time in a year, craft retailer JOANN is preparing to close hundreds of stores. In a recent court ...

Last month, the Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection for the second time within a year, with the company pointing to issues like sluggish consumer demand and ...