Understanding Texas Two-Step Bankruptcy: Definition, Criticism and Example

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

American Signature Files Voluntary Petitions for Chapter 11 Bankruptcy

Home furnishings retailer American Signature Inc. (ASI) has filed for Chapter 11 relief in the United States Bankruptcy Court for - Company news, News, Ohio, Retailers ...
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US court approves Chapter 11 plan of Brazil’s Azul

The United States Bankruptcy Court of the Southern District of New York has approved Azul Linhas Aéreas Brasileiras ’ Chapter ...
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Bay City State Theatre bankruptcy lawsuit reaches settlement

BAY CITY, Mich. (WNEM) – A lawsuit filed in December 2024 by the Bay City State Theatre’s bankruptcy trustee has reached a ...
SCOTUSblog

Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments

When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to return the funds. But whether those same obligations apply to the Internal ...