If a company files for Chapter 7 bankruptcy, that means it's heading for liquidation, in which assets are sold off to pay creditors.

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case. The article provides an overview of important tasks that an examiner or ...

A large Burger King franchisee has just filed for Chapter 11 bankruptcy, and the fate of their 75 locations is up in the air.

The company listed four reasons for the motion: dismissal of the Chapter 11 cases, exculpation of certain parties from liability in connection with the Chapter 11 cases, termination of the engagement ...

So it wasn't a big surprise that after the failure of a last-ditch bid by the CEO to take the company private, 23andMe ultimately filed for Chapter 11 bankruptcy ... data. Laws like the Health ...

Companies usually file Chapter 11 bankruptcy as a last resort. That's because once they file, a court has control of the choices they make around the business.A company can even enter Chapter 11 with ...

Members of Congress sent a letter to 23andMe's interim CEO, saying they will investigate the company's decision to file for ...

"The deferential standard for approving settlements in a chapter 11 plan was overshadowed by the pending objection to the ...

Debt consolidation is usually better than bankruptcy for maintaining credit, especially if you have a steady income and can ...

“Given the lack of HIPAA protections, the patchwork of state laws covering genetic privacy ... lawsuit for $30 million and filed for chapter 11 bankruptcy in March, with co-founder and CEO ...