Bankruptcy

The nation's largest correctional healthcare provider wins a key reaccreditation for nurse training, raising questions about its impact on patient care.

A $1M deal offers a sliver of recovery for victims of the $71M William Jordan Ponzi scheme, putting custodian Kingdom Trust's alleged role in focus.

With its new AI thriller, muVpix is betting on 'engineered storytelling' to finally crack the vertical video code that doomed giants like Quibi.

After years of legal battles, a landmark $180M settlement offers financial justice and new child protection measures for over 300 abuse survivors.

Renewbrook Energy acquires PosiGen's distressed solar assets, promising stability for thousands of customers left in limbo after PosiGen's bankruptcy.

After a tumultuous period, the NACLB conference returns under new leadership, promising stability and a bold agenda focused on AI and economic shifts.

Door and window maker JELD-WEN saw revenue plummet and losses widen to $620M, prompting a risky strategy of deep cost cuts to navigate the downturn.

Vitalist reports soaring losses and a $6.4M debt surge, raising 'going concern' alarms. Can its new Reebok smartwatches and VitalOS™ platform save it?

A court affirmed Avon must pay $51M for a woman's death from asbestos-laced talc, part of a wider legal storm engulfing the cosmetics industry.

A new lawsuit claims private equity giant TPG hid implant defects and forced a bankruptcy, leaving thousands of injured patients to pay the price.

A dramatic rise in commercial Chapter 11 filings signals an end to pandemic-era relief, as businesses and consumers face mounting economic headwinds.

Despite product withdrawals, a lack of regulation and the long latency of asbestos-related diseases mean the danger from talc exposure is far from over.

Once valued at $3.3B, the healthtech giant seeks Chapter 11 protection, a stark warning for the post-pandemic digital health industry.

Facing default, The Cannabist Company secures a short-term forbearance, highlighting a systemic liquidity crisis threatening the US cannabis industry.

Following a sudden Chapter 7 bankruptcy, the assets of a national trucking firm are now for sale, creating unique opportunities in a soft freight market.

Despite its Nobel Prize-winning technology, Danish water filtration firm Aquaporin has collapsed, highlighting the perilous 'valley of death' for deep tech.

After teetering on the brink, Poxel SA has secured court approval for a complex recovery plan, offering a lifeline for its innovative metabolic drug pipeline.

Swiss biotech GeNeuro suspends trading, awaiting a critical court ruling on its debt moratorium that will decide its fate and the future of its novel drugs.

After a failed reorganization, Stoli Group USA and Kentucky Owl enter Chapter 7 liquidation, a victim of Russian retaliation and a souring spirits market.

Luxury retail giant Saks Global enters Chapter 11 with a $1.75B lifeline and a new CEO, aiming to fix a disastrous merger and redefine its future.