bankruptcy

Due to a glitch in Hertz’s system, the company mistakenly accused customers of stealing rented cars.

Cineworld Group PLC, one of the world’s largest movie theater chains, said Monday that it is considering filing for Chapter 11 bankruptcy protection in the U.S. and similar actions elsewhere.

Sri Lanka’s president, who had announced he would resign Wednesday, has fled the country after months of turmoil culminated in protesters converging on the presidential palace.

Infowars filed for Chapter 11 bankruptcy protection as the website’s founder and conspiracy theorist Alex Jones faces defamation lawsuits over his comments that the Sandy Hook Elementary School shooting was a hoax.

A Miami judge issued a warrant that gives authorities the ability to seize the Crystal Symphony ship on U.S. waters.

Today, Walker helps others avoid the money woes he’s overcome. He’s a consultant with a company that focuses on teaching athletes how to manage their money.

If courts confirm the agreement, it would effectively cut annual public debt payments from $3.3 billion to $1.1 billion.

The 105,000-square-foot Bel Air estate, known as “The One,” was placed into receivership by the Los Angeles County Superior Court.

A bankruptcy judge has approved a proposal by the Boy Scouts of America to set up an $850 million fund to compensate tens of thousands of men who say they were sexually abused as youngsters by scout leaders

Senate Majority Leader Chuck Schumer on Sunday called on the Justice Department to investigate the National Rifle Association for bankruptcy fraud, saying the financially stable gun-rights group abused the system when it sought bankruptcy protection in the wake of a New York lawsuit seeking to put it out of business.

A judge has rejected the National Rifle Association’s bankruptcy bid, blocking its plan to reincorporate in Texas. Now the gun rights group is back to fighting New York regulators in a lawsuit that threatens to put it out of business. A federal bankruptcy judge in Dallas dismissed the NRA’s case on Tuesday. He ruled that the organization’s leadership sought Chapter...

Shares of Hertz skyrocketed by as much as 68% after it selected a $6 billion turnaround bid that provides a rare payout to shareholders.

Elliott Investment Management, the owner of Barnes & Noble, said Tuesday it will acquire gift and stationery retailer Paper Source.

In the heart of the pandemic, when thousands of the nation’s retail stores were closed, the stationery chain Paper Source paid its top seven executives a combined $1.47 million in bonuses, NBC News reports.

Just a few months into serving as interim CEO of J.C. Penney, Stanley Shashoua said he sees signs of growth in the business.

The committee representing child sex abuse survivors in the Boy Scouts of America bankruptcy case has agreed to the extension of an injunction halting lawsuits against local Boy Scouts councils.

U.S. shopping mall owner Washington Prime Group is preparing to potentially file for Chapter 11 bankruptcy protection, Bloomberg reported Thursday.

Texas-based cinema chain Alamo Drafthouse is the latest theater group to file for Chapter 11 bankruptcy.

When collection moratoria end, there will be a tsunami of foreclosures, evictions, and collection actions, writes Georgetown University Law Professor Adam J. Levitin.

This year, Neiman Marcus and J.C. Penney joined the ranks of some of the biggest retail bankruptcies on record, including Sears, Toys R Us and Circuit City.