Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications ...

Prospect Medical Holdings filed for bankruptcy protections late Saturday, a move the financially strapped health system said ...

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

Chapter 13 bankruptcy — also known as a wage earner’s plan — lets you submit a plan to the court to repay your debt, provided you have a regular income. Based on state law and total debt ...

Financial distress caused by the effects of the Covid-19 pandemic forced several fast-food restaurant chains to file for ...

The caselaw on “uptiers” as liability management exercises (LMEs) grew by two opinions on the last day of 2024. In Serta, the Fifth Circuit ...

Market participants might be wary of opinions that begin with a recitation of academic literature and then turn to dictionaries. The former tend to ...

Asset liquidations, including Solana tokens, raise concerns about market impacts amid broader optimism for crypto recovery.

Amid speculation about the causes of the Los Angeles-area fires, lawsuits have been filed against Southern California Edison, ...

As illustrated below, Seadrill is in a class of its own after having filed for Chapter 11 twice over the last few years. In ...