Klöckner Pentaplast receives court approval for financial restructuring plan

Klöckner Pentaplast ("kp" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed kp's Plan of Reorganisation (the ...
ch-aviation

US court approves Chapter 11 plan of Brazil’s Azul

The United States Bankruptcy Court of the Southern District of New York has approved Azul Linhas Aéreas Brasileiras ’ Chapter ...
Shopping Center Business

American Signature Files Voluntary Petitions for Chapter 11 Bankruptcy

Home furnishings retailer American Signature Inc. (ASI) has filed for Chapter 11 relief in the United States Bankruptcy Court for - Company news, News, Ohio, Retailers ...
SCOTUSblog

Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments

When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to return the funds. But whether those same obligations apply to the Internal ...
Fast Company

Rite Aid bankruptcy: What to know about store closings, prescription transfers, layoffs, gift cards, and more

Beleaguered pharmacy chain Rite Aid has officially filed for Chapter 11 bankruptcy protection after weeks of media reports suggesting that it was on the cusp of doing so. The bankruptcy is Rite Aid’s ...