A new filing in the Diamond Comic Distributors bankruptcy proceedings confirms that the case is now moving further towards Chapter 7 oversight, with an interim trustee formally appointed by the U.S.

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to ...

A court pauses liquidation as creditors fight for the future of iconic bourbon and vodka labels.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...