An explanation of insider status in bankruptcy and restructuring cases, including the risks and implications of insider ...

What if someone defrauded you out of money, and you sue them, and then they file bankruptcy? Are you out of luck because your claim may get wiped out in ...

Hawthorne Race Course filed for Chapter 11 bankruptcy Feb. 27 in federal bankruptcy court in Chicago, seeking a ...

In a bid to save horse racing in Illinois and preserve 250 jobs and the homes of hundreds of backside workers and their ...

By Dietrich Knauth NEW YORK, Feb 27 (Reuters) - Bankrupt auto parts maker First Brands is close to a settlement with its ...

Bankruptcy can offer a fresh financial start, but there are complex rules on how often you can file for relief.

The Roman Catholic Diocese of Syracuse has been given approval by the U.S. Bankruptcy Court to emerge from Chapter 11. The ...

Syracuse, N.Y. - A federal judge has approved the final order that allows the Catholic Diocese of Syracuse to emerge from ...

A court-ordered filing offers a look at finances at The Kibitz Room, a popular Cherry Hill deli that recently closed.

Hawthorne is one of the two last remaining race courses in Northern Illinois, along with Collinsville.