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.

Here's why your stock may lose its value under bankruptcy Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). When a company files ...

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 ...

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 ...

There's a possibility that this second Chapter 11 reorganization could convert to a Chapter 7 liquidation without sufficient financing. Photo Credit: Ron Adar/Shutterstock Spirit Airlines entered ...