Genesis HealthCare has until Dec. 27 to agree to new bankruptcy bid terms with its creditors — ideally naming a new bidder to beat — or face two highly unwelcome alternative sale possibilities.

Genesis Healthcare must go back to the bankruptcy drawing board if it wants to continue pursuing the sale of its assets to an ...

What Is Bankruptcy for LLCs? Bankruptcy for LLCs, or Limited Liability Companies, is a legal process where an LLC, burdened by debts it cannot repay, seeks protection and relief through the court ...

The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief have received it since new guidance in 2022.

Roombas are an extremely popular brand of robot vacuum cleaners. iRobot holds a commanding 42 percent market share in the U.S ...

According to documents filed over the past few days, as part of bankruptcy proceedings, Diamond Comic Distributors has sought approval from the United States Bankruptcy Court for interim and final ...

Roomba is being bought by Picea as part of a bankruptcy process. The company, which manufactures iRobot vacuums, made the ...

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

A Texas Two-Step Bankruptcy helps companies manage legal liabilities. Discover its process, criticisms, and a detailed ...