Bishop Mark Seitz announced that the Catholic Diocese of El Paso had filed a petition for chapter 11 bankruptcy. The decision comes amid allegations of child abuse.

Bankruptcy might buy a company more breathing room financially, but it does not fix any underlying problems. That's why it's ...

Usually, when a retailer files for Chapter 11 bankruptcy protection, it follows a process designed to protect its relationship with customers. Having covered dozens of retail and consumer bankruptcies ...

Hawthorne Race Course has filed for Chapter 11 bankruptcy in Chicago Friday but a Thoroughbred meet is still possible.

The operator of roughly 180 Eddie Bauer retail and outlet stores across the United States and Canada has filed for Chapter 11 bankruptcy protection, citing declining sales and mounting pressures ...

Whenever a company files for bankruptcy, markets and business models are usually blamed. But not every collapse begins with bad strategy or falling demand. Sometimes, natural disasters deliver a fatal ...

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 ...