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 ...

A leading comic book distributor shifts from Chapter 11 to Chapter 7 bankruptcy, handing control to a trustee and signaling a ...

As the last days of 2025 wind to a close, many industries have seen a number of high-profile bankruptcies in a challenging ...

Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...

Morgan W. Fisher has been appointed the Interim Chapter 7 Trustee in Diamond Comics' bankruptcy proceedings ...

Diamond Comic Distributors Inc., the debtor in ongoing bankruptcy proceedings, moves to Chapter 7 bankruptcy, as the banks pull funding to keep going.

Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...

Canoo Inc. has filed for Chapter 7 bankruptcy, prompting the appointment of a Bankruptcy Trustee to manage the liquidation of its assets, as announced on January 17, 2025. Despite securing contracts ...

Section 546(e) of the Bankruptcy Code's "safe harbor" preventing avoidance in bankruptcy of certain securities, commodity, or forward-contract payments has long been a magnet for controversy. Several ...