Recent SDNY cases support using opt-out procedures for third-party releases in Chapter 11, aligning with courts that see silence or inaction as consent under federal law. The Supreme Court’s Purdue ...

Nebraska-based grain dealer Hansen-Mueller Co. has filed for bankruptcy following a string of financial challenges. Headquartered in Omaha, Hansen-Mueller Co. is a nationwide merchandiser and ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

The liquor and wine brand has filed for Chapter 11 bankruptcy protection. That moves comes after its bank filed an involuntary Chapter 7 bankruptcy for the company. Courts will have to decide which ...

Compass Coffee, the Washington, D.C.-based cafe chain, filed for Chapter 11 bankruptcy protection Tuesday as it seeks to restructure parts of its business and stabilize operations.

Diminished overseas demand for U.S. livestock forage has contributed to a major Northwest hay exporter seeking Chapter 11 bankruptcy protection while restructuring its business. In its Chapter 11 ...

Hansen-Mueller Co. has filed for Chapter 11 protection as it works to address significant outstanding debt. The Omaha-based grain merchandise company plans to keep the operations running throughout ...

Opinion: Congress and the courts must reform the bankruptcy system to bring it in line with trauma science, basic fairness, ...

Discount carrier Spirit Airlines, overwhelmed with continuing financial difficulty, returned to bankruptcy court in a second bid to rehabilitate its business reorganization under Chapter 11 protection ...