Liberated Brands filed for Chapter 11 bankruptcy protection over the weekend and is looking to shutter its U.S. retail stores where it sold brands like Quiksilver, Billabong and Volcom.

Liberated Brands submitted the filing on Sunday night in the US Bankruptcy Court for the District of Delaware due to challenges related to rapid expansion, economic pressures, and a changing market.

Forever 21, the go-to store for American teenagers for decades, is weighing up bankruptcy as it battles huge debts. It is just five years since the chain - with 500 stores, including 380 in the US ...

The company assisting Big Lots with its bankruptcy proceeding has produced a list of locations likely to remain in operation. Gordon Brothers Retail Partners, the Boston-based asset liquidation ...

Judge Blocks Sandy Hook Families' Settlement in Alex Jones' Bankruptcy By Dietrich Knauth NEW YORK (Reuters) - A U.S. bankruptcy judge on Wednesday blocked a settlement between families who have ...

Bankruptcy proceedings typically pause any court cases in progress, particularly suits brought against the debtor. Wilmington, Delaware-based ChristianaCare also signed a letter of intent to buy ...

The city ultimately declined to extend that guarantee, leading to the hospital filing for Chapter 11 bankruptcy on Tuesday. “This action will enable the Hospital to reorganize operations and implement ...

With cash running low, the Novo Nordisk-partnered biotech has struck a deal with its founder Flagship Pioneering that could see it file for bankruptcy and lay off up to 17 people. Flagship ...

An engagement letter also serves to limit the scope of the company's services. For example, when an individual or business secures the services of an attorney, the letter might describe the ...

Now, Pioneering Medicines is making a bid for that obesity program. ”If Flagship’s bid is selected as the highest and best bid and approved as part of Omega’s planned Chapter 11 bankruptcy proceedings ...

Additionally, while DMPs do not carry the severe consequences of bankruptcy, they require disciplined ... However, this method also has its drawbacks. For example, creditors often require accounts ...

In mid-January, the company filed its second bankruptcy within a year – filing ... wrote in a Jan. 24 letter to Alabama state and local officials. Joann opened its 700,000-square-foot ...