Under the Bankruptcy Act 1966 (Cth), the timeframe within which a creditor may present a petition is strict and unforgiving. Section 44(1)(c) ...

Brightline is negotiating with creditors and seeking third-party investors to address over $5 billion in debt, according to ...

Saks may exit bankruptcy with new owners and a smaller store base. Can it win back luxury shoppers and revive ...

Airlines, once confident in their financial resilience, are now navigating a volatile landscape due to geopolitical shocks.

Fox said that Orvis’ roots date back to 1856, and it has kept its headquarters in Sunderland, Vermont, during that time. The ...

Learn how to find the ideal balance of debt and equity in a company's capital structure to minimize costs and maximize market ...

“The entire industry sprang into action to get our people home,” Huebner said. Spirit employed about 17,000 people and ...

San Diego Humane Society officials provided an update on the case involving the Villa Chardonnay Horses with Wings animal ...

Tuesday, May 5, 2026 at 4:30 p.m. ET Chief Executive Officer — Zvi Alon Chief Financial Officer — Bill Roeschlein Total ...

Spirit Airlines has canceled all future flights and secured court approval for liquidation, marking a significant turn for ...

FGB Big Top LLC filed its Chapter 11 petition in the U.S. Bankruptcy Court for the District of Nevada on April 16, 2026, ...

Spirit was the dominant airline at the Fort Lauderdale airport. It was responsible for a third of passenger traffic and 13% ...