Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, which involves liquidating assets to clear debts, or ...

Bankruptcy is certainly not an ideal outcome for any real estate loan. If a project's in trouble, though, bankruptcy has its benefits, even for lenders. Real estate and other lenders know they should dread bankruptcy. If a borrower files bankruptcy, loan ...

Ellucian announced it had completed its acquisition of a Anthology business through a Chapter 11 bankruptcy process.

[Update as of Oct. 2, 2025] At Home has received approval from the U.S. Bankruptcy Court for the District of Delaware for a restructuring plan that would eliminate substantially all of the retailer’s $2 billion in funded debt. Following a restructuring ...

The Chapter 11 petition seeks to reject the leases for nine cafes and its former roasting plant in Ivy City by Jan. 30 if it cannot renegotiate the agreements.