Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner ...

Party City, known for its party supplies and seasonal Halloween City popup stores, has filed for bankruptcy and is going out ...

Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...

The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline to March 31, 2025, for insolvency professionals ...

Liquidation involves selling assets for cash, which can be simple as personal items or complex like corporate assets. Chapter 7 bankruptcy leads to immediate business closure and asset sell-off ...

SoHi, while it was still known as Sortis Holdings, acquired 15 Northwest brands during the pandemic, including Bamboo Sushi ...

Bankruptcies played a significant role in economic news in 2024 with retailers, restaurants and an airline all looking for bankruptcy protection to keep from having to shut down entirely ...

Compared to bankruptcy liquidation and bankruptcy reconciliation, bankruptcy reorganization allows companies to repay their debts in diverse ways. Companies are allowed to retain market entity ...

Party City filed for Chapter 11 bankruptcy Saturday, with the company closing all of its stores nationwide. See the full list here.