A judge sympathetic to the hundreds of victims of the massive Port Neches refinery explosion was not able to convince the ...

Joann files for Chapter 11 bankruptcy again, aims to sell assets, close stores, and restructure amidst financial struggles.

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.

Comics distributor Diamond is restructuring and opting for bankruptcy in order to staunch the financial bleeding.

Highlights,The concept of "Debtor in Possession" refers to firms continuing operations during Chapter 11 bankruptcy.,The firm ...

Currently an investment firm from Boston specializing in distressed companies is the stalking horse bidder. Late last month, ...

The fate of a multi-billion-dollar settlement addressing the devastating opioid crisis rested on a single paragraph in the ...

Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court on Wednesday, marking its ...

Joann's stores and e-commerce platform continue to operate normally as she seeks court approval to sell most of her assets ...