The specialty retailer will close all of its mall locations but keep open its airport locations while seeking a buyer.
Democratic lawmakers have asked KKR and Bain Capital whether they had "a deliberate policy" to load the defunct retailer with debt.
The founder of rival AlixPartners says the consulting firm hid conflicts of interest to win lucrative court appointments to represent bankrupt…
The defunct WMC Mortgage unit "has emerged in recent months as one of the biggest headaches in GE's vast business empire.”
Gibson Brands blames its bankruptcy on its attempt to evolve into a lifestyle brand by acquiring electronics companies.
In addition to being overleveraged, Nine West faced quality issues and a lack of fashion-forward products in its footwear and handbag product lines.
Lantern Capital made a "stalking horse" bid for the movie studio, which filed Chapter 11 following the downfall of co-founder Harvey Weinstein.
The ear-piercing specialist says its core business is poised for growth but its debt burden is no longer sustainable.
The bankrupt retailer says it will shut down all its U.S. stores after a disastrous holiday season thwarted its turnaround effort.
America's largest radio station owner says "business realities" forced it into Chapter 11 despite its "impressive operating business."