Page 2 - Chapter 11 News Today

The pharmacy retail giant has been struggling with a slump in sales and a growing number of lawsuits for its alleged role in fanning the opioid crisis.

US News: US pharmacy chain Rite Aid has filed for bankruptcy and reached a deal with creditors to reduce its debt. The company has secured a $3.45 billion cash

Shares of AppHarvest, Inc. (APPH) are falling over 68% on Monday after the company filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code to support a financial and operational transition to enable the company to reduce its outstanding liabilities.

The United States had at least 70 major bankruptcies in the first four months of the year. This major bankruptcy rate is the third worst start to the year since 2000, surpassed only in 2009 during the height of the Great Recession and in 2020 during the upheaval caused by economic lockdowns. In 2009, from […]

The all-in-one pressure cooker Instant Pot became a smash hit during the pandemic. But that meteoric growth couldn't be sustained, and maker Instant Brands filed for bankruptcy...

Following years of financial difficulties, Vice Media filed for bankruptcy Monday morning in the U.S. Bankruptcy Court for the Southern District of New York.

Ten Christmas Tree Shops stores have been slated to close as the company looks to restructure amid a bankruptcy filing.

Bankruptcy filings nationwide remain sharply lower than before the start of the coronavirus pandemic, despite a slight rise in new cases for the 12-month period ending March 31, according to a new report from the U.S. judiciary. Statistics released by the Administrative Office of the U.S. Courts on May 5 show total filings rose 2.0

COMPANY NEWS: Avaya, a global leader in customer experience solutions, today announced that it has successfully completed its financial restructuring...

Infant goods store Buybuy Baby announced that it will close for good following the bankruptcy filing of its parent company Bed Bath & Beyond (BBB). "Thank you to all of our loyal [...]