California-based Books Inc., which filed for Chapter 11 bankruptcy back in January, is now seeking bankruptcy court approval to be bought by Barnes & Noble for $3.25 million, according to a press ...

From construction firms to transportation companies, major Illinois industries filed for bankruptcy protection amid economic ...

TGI Fridays, a favorite casual dining destination, has filed for Chapter 11 bankruptcy protection. Citing the COVID-19 pandemic among its business challenges, the company filed for bankruptcy Saturday ...

Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc., under a proposal that would put it into bankruptcy just long enough to slash billions of ...

As TGI Friday's bankruptcy process moves forward, some of the beleaguered chain's restaurants are afraid they will be stuck handling nearly $50 million in gift cards. If you are a card holder, you may ...

The crisis in USA Cricket has deepened, with the USAC initiating bankruptcy proceedings on Wednesday as part of what it said was a structural reorganisation. Terming it as an "aggressive" and "legal" ...