The airline has entered bankruptcy proceedings after flurries of lawsuits and the sudden death of its CEO just weeks prior.

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

When a trucking company shuts down, it usually has a wind-down period when it delivers any remaining loads in its possession.

Verijet Airlines, which amassed more than $38.7 million in liabilities, faced several lawsuits after its founder and CEO, ...

Days after Spirit Airlines filed for bankruptcy and began restructuring, another airline, Verijet, a private jet startup, ...

The French comics publisher, best known for its SFF graphic novels, will liquidate its assets and eventually cease its U.S.

According to Flying Mag, Verijet — a Kissimmee, Florida-hailing private airline that touts itself as a green option for ...

With comic book characters lighting up the big screen, the demand for actual comics has gone up. "The North America Comic ...

Chapter 7 of the bankruptcy code, under which Iron Hill filed, provides for liquidation — the sale of a debtor’s nonexempt property and the distribution of the proceeds to creditors, according to the ...

The Delaware-based chain, with a now-shuttered location at the Lehigh Valley Mall, has only $125,000 in assets against $20 ...

Opa Authentic Greek Cuisine has filed for chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Northern District of California. In its filing, the group notes that it is seeking court-supervised ...