Chapter 11 bankruptcy allows a retailer or restaurant operator to shed bad leases, make deals with vendors, and either extend or negotiate down some of its debts.A filing,…

Home improvement and hardware stores have faced economic issues in the last year that have led to store closings and bankruptcy filings.Most recently, a couple of major home…

In the early hours of May 2, low-cost carrier Spirit Airlines definitively collapsed and canceled all flights after weeks of talks to save the beleaguered airline ultimately led…