The transition comes as the Florida-based low-cost carrier continues to grapple with financial woes and ongoing restructuring efforts.

Ted Christie, CEO of Spirit Airlines, is stepping down from his role leading the embattled carrier, which just emerged from ...

The drugstore chain is evaluating options for its business, including another chapter 11 or sale of some or all of its ...

New data shows a double-digit rise in bankruptcies, with signs of growing pressure on businesses and households alike.

Senior living facility operators have faced enormous obstacles since the beginning of the Covid-19 pandemic that led many ...

Commercial Chapter 11 filings experienced a significant rise in March 2025 year-over-year, "signaling persistent economic ...

While a pair of bankruptcy experts chose to focus on the commercial side of the segment after looking at March filings, ...

Commercial chapter 11 bankruptcy filings increased 20 percent in March 2025, with filings climbing to 733 from the 611 filings registered in March 2024, according to data provided by Epiq AACER, the ...

Following a series of lawsuits claiming fraudulent behavior in business transactions, Mac Private Equity has filed for ...

A recent study of racial disparities in personal bankruptcy results indicates that implicit bias hinders minorities’ efforts to rid themselves of debt, but trustees who oversee those cases say the ...

The automatic stay is one of the most powerful protections available to debtors in bankruptcy, immediately halting most collection efforts, foreclosures, and lawsuits. This mechanism provides the ...