Bankruptcy filings have been climbing as Americans continue to grapple with several looming economic issues, including persistent inflation and high interest rates on borrowing options. When you ...

Americans filed hundreds of thousands of bankruptcy petitions over the past year, with Chapter 7 representing a large percentage of those cases. That makes sense considering that Chapter 7 is ...

Stoli initially filed for Chapter 11 bankruptcy. Shutterstock Stoli Group converts to Chapter 7 liquidation And now, popular vodka and bourbon brands Stoli Group USA LLC and Kentucky Owl LLC filed ...

While the American spirits market has proven resilient, it's facing challenging economic and social headwinds. Spirits supplier sales in the United States were down -1.1% in 2024, totaling $37.2 ...

The furniture retail sector has suffered from economic distress in the last year with major home furnishing companies closing stores and filing for bankruptcy protection. Companies that have filed for ...

Diamond Comic Distributors Inc., the debtor in the long-running Chapter 11 bankruptcy, is now heading toward Chapter 7, with the debtor requesting that the U.S. Bankruptcy Court in Maryland convert ...