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 ...

QVC Group commenced a voluntary Chapter 11 bankruptcy as part of a restructuring support agreement. The company said Thursday it entered into the agreement with holders who represent a significant ...

Saks Global’s high-wire financial act is finally over. The company, which just more than a year ago bought Neiman Marcus Group for $2.7 billion, filed for Chapter 11 bankruptcy late Tuesday — ...

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 ...