The “court-supervised reorganization” was announced in an open letter in May 2024, as a response to claims of sexual abuse ...

Books Inc. Joined the List of Retailers That Have Filed for Chapter 11 Protection in the U.S. Bankruptcy Court ...

JUSTIN, Texas (KNWA/KFTA) — Electric vehicle company Canoo announced on Jan. 17 that it filed for Chapter 7 bankruptcy.

Texas and 14 other states have secured a $7.4 billion settlement from the Sackler family and their company Purdue Pharma for their roles in creating the opioid crisis. Purdue Pharma was the ...

Prospect Medical Holdings announced that it is initiating chapter 11 proceedings in the United States Bankruptcy Court.

Canoo Inc., an automotive company specializing in motor vehicle parts and accessories, has filed for Chapter 7 bankruptcy, according to a recent 8-K filing with the Securities and Exchange Commission.

Canoo Inc. has filed for Chapter 7 bankruptcy, marking the end of its operations. The filing was made with the U.S.

Sharon Regional Medical Center has been approved for sale to Tenor Health Foundation after submitting a winning bid during an ...

California Attorney General Rob Bonta today announced that the bipartisan States Negotiating Committee and other parties have reached a $7.4 billion settlement in ...

The deal, announced Thursday, removes non-consensual releases to the Sackler family, Purdue's founders, which the U.S. Supreme Court had invalidated last year.

Diamond Comic Distributors has sought approval from the United States Bankruptcy Court for interim and final orders allowing them to obtain financing and use their available cash during the ...

The proposed settlement calls on the Sacklers to pay $1.5 billion in the first three years, followed by $500 million after one additional year, $500 million after two years and $400 million after ...