Bankruptcy

For decades, Chicago Scenic Studios built the city's most iconic physical spaces. Now, their tools head to auction, leaving a void in the cultural ecosystem.

A $5.9 billion contract signed by a convicted crypto fraudster has given PREPA bondholders the ultimate ammunition to challenge Puerto Rico's oversight board.

UPG Enterprises has filed for Chapter 11 bankruptcy, triggering an aggressive 60-day sale of its U.S. steel assets while shielding its EV and global divisions.

After burning through billions, LIV Golf files for Chapter 11. Can a new investor and a radical player-ownership model save the controversial league?

Holdun Family Office calls its Bahamas departure a business decision, but regulators allege fraud and mismanagement of funds, including a failed tech fund.

A beloved New York beach club, profitable yet bankrupt, is for sale. It's a rare chance to own the coast, but what will become of its legacy?

A massive equipment auction offers a lifeline to contractors, but it's also the final act in a coal company's collapse, revealing deep market shifts.

Genomic pioneer Sangamo sells key assets to PTC and Lilly in a $163M bankruptcy deal, reshaping the future of gene therapy and rare disease treatment.

Linqto was days from exiting bankruptcy. Now, a lawsuit against Forge and Schwab leaves 13,000+ customers and $1.3B in assets hanging in the balance.

After a shocking bankruptcy and a high-stakes auction, a global investment firm has acquired Mohawk Day Camp. Can a 'special situations' investor preserve a beloved local tradition?

A Vermont court allows abuse survivors to sue the Burlington Diocese, targeting hundreds of millions allegedly hidden in trusts since 2006. A landmark case.

Nacon's path out of bankruptcy is now tied to its parent, Bigben Interactive. But the lifeline comes with a stark warning of 'significant dilution' for shareholders.

Amid a contentious bankruptcy, The Dolphin Company's new leadership clashes with its former CEO over an asset sale, with the fate of over 100 marine animals at stake.

Nearly two decades after its parent's collapse, a Lehman entity plans its final act, putting a massive $19.6 billion claim on the market.

After a Chapter 11 filing, luxury event firm TPD Design House is acquired by the Tarte Family Office, pairing founder's vision with operational muscle.

Canada's top sleep retailer just acquired bankrupt US innovator Sleep Number, creating a global giant. Here's how this changes the industry and your bedroom.

Pet Service Holding acquires bankrupt RHR Concepts, a high-revenue e-commerce player felled by costs. This strategic move aims to forge a pet care powerhouse.

After years as a graffiti-covered eyesore, the stalled Oceanwide Plaza finds a buyer. We decode the complex deal and what it means for Downtown LA's future.

Alkegen's prepackaged bankruptcy isn't a failure, but a calculated maneuver to shed $3.1B in private equity debt and supercharge its role in critical industries.

As Vireo becomes a top U.S. operator with its Cannabist asset buy, the deal reveals the brutal consolidation and strategic pivots defining the cannabis economy.