The historic vodka and whiskey brand moved from Chapter 11 to Chapter 7, with assets being liquidated and its future ...

The global vodka company filed a motion to convert its Chapter 11 bankruptcy reorganization to a Chapter 7 liquidation.

Chapter 7 bankruptcy involves liquidating a debtor's non-essential assets to repay creditors. Chapters 11 and 13 are more expensive and longer than Chapter 7, but you can keep your assets. Chapter 7 ...

One of the last companies hanging on to the DVD rental business is going the way of Blockbuster and other rental places. Chicken Soup for the Soul Entertainment has changed its original Chapter 11 ...

Poole Funeral Home, which filed Chapter 11 bankruptcy in May last year, has filed a motion to convert the case to Chapter 7.

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

A handful of recent high-profile court rulings have considered whether a chapter 11 debtor is obligated to pay postpetition, pre-effective date interest ("pendency interest") to unsecured creditors to ...

While the worst of the Covid slowdown has been felt by the craft brewery business, it has also hit liquor and wine brands. The closures have not been as pervasive, but a number of brands have ...