When a company files for Chapter 7 or Chapter 11, investors often lose out ...

A well-known rum, bourbon, and vodka producer will close as rising costs and market pressures continue to challenge craft distilleries in the U.S.

Bankruptcy filings have been climbing as Americans continue to grapple with several looming economic issues, including persistent inflation and high interest rates on borrowing options. When you ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of these rules, known as the "90-day rule," can have a big impact on ...

Beer has been the alcoholic beverage of choice among U.S. drinkers every year since 1992, except in 2005 when wine surpassed beer, with 39% of drinkers preferring wine, 36% choosing beer, and only 21 ...

Several firearm companies collapsed under financial pressure ...

Diamond Comic Distributors Inc., the debtor in the long-running Chapter 11 bankruptcy, is now heading toward Chapter 7, with the debtor requesting that the U.S. Bankruptcy Court in Maryland convert ...

The decision hastens the demise of a once-powerhouse law firm that rapidly expanded across the south in the 1980s and 1990s.

Hard seltzer went from being a novelty to becoming a massive part of the overall alcohol market in the United States. "The ...

A new filing in the Diamond Comic Distributors bankruptcy proceedings confirms that the case is now moving further towards Chapter 7 oversight, with an interim trustee formally appointed by the U.S.