Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

Chapter 7 bankruptcy involves liquidating a debtor's non-essential assets to repay creditors. Chapters 11 and 13 are more expensive and longer than Chapter 7, but you can keep your assets. Chapter 7 ...

One of the last companies hanging on to the DVD rental business is going the way of Blockbuster and other rental places. Chicken Soup for the Soul Entertainment has changed its original Chapter 11 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

​Stoli Group (USA), LLC and Kentucky Owl LLC, two subsidiaries of global spirits company Stoli Group, filed to convert their ...

The global vodka company filed a motion to convert its Chapter 11 bankruptcy reorganization to a Chapter 7 liquidation.

Fred Stevens, who had been the Chapter 11 trustee in Lancaster businessman Daryl Heller’s personal bankruptcy case, will ...

A handful of recent high-profile court rulings have considered whether a chapter 11 debtor is obligated to pay postpetition, pre-effective date interest ("pendency interest") to unsecured creditors to ...