Spirit filed for bankruptcy back in November, following years of struggles and mounting debt as it failed to bounce back from ...

Mississippi-based Mitchell Rock Inc. filed under Chapter 11 in the U.S Bankruptcy Court for the Northern District of Alabama on March 7. Chapter 11 bankruptcy is generally used to allow a business to ...

Spirit Airlines exits Chapter 11 bankruptcy, rejects buyout bids, and focuses on growth with new funding and strategies.

The last TGI Fridays in West Michigan has closed its doors. The sit-down chain restaurant on Alpine Avenue has a sign on the ...

The company, which said it is exploring strategies to refinance its debt, said it risks defaulting on its obligations under ...

Attorney Matthew E. Podmenik discusses whether or not a State Court can enter Rule 11 sanctions against a debtor who has ...