Profound transformations” in the television industry, including changes in the advertising market, are weighing on the broadcaster.

The agreement is a signal the beleaguered carrier is preparing to emerge from its second Chapter 11 process in the past 15 months.

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, ...

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Capital contests Fat’s plan to use management fees and other cash under securitization receivables to fund operations during ...

Capital is arguing that the fast-food chain operator cannot use management fees and other cash to get the company through its ...

(Reuters) -First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis, as the auto parts maker ...

Wag! Group Co. announced it is entering a voluntary pre-packaged Chapter 11 bankruptcy process to restructure its balance sheet, ensuring continued operations across its business segments during this ...

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 ...