This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.

Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

LLC and Kentucky Owl LLC, two subsidiaries of global spirits company Stoli Group, filed to convert their Chapter 11 process ...

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

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

LOUISVILLE, Ky. (WDRB) -- The parent company of Kentucky Owl bourbon is moving to liquidate its U.S. operations after efforts ...

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.