Shareholder Standard General has the lead bid, and a bankruptcy court has approved its use of "credit-bidding" to buy some of RadioShack's stores.
The spread on a one-year swap contract to insure against a Sears default rose significantly this week.
Tumbling rates in the dry bulk shipping market force two companies into bankruptcy.
The bankruptcy filing of the franchise restaurant chain disputes two debts allegedly owed to veteran banking investor Vernon Hill.
The SEC and the Ontario Securities Commission are looking into trades made after a report of a possible Blackberry takeover by Samsung.
The 90-year-old company is on the verge of bankruptcy, as potential buyers of its storefronts wait in the wings.
Recoveries by corporate bond investors usually increase after a peak in the default cycle. This time that isn't the case, says Moody's.
The credit rating agency cut its projection of Russia's annual economic growth to 0.5% for the next four years and called monetary policy less…
Electronic-device use on airplanes helped doom the in-fight shopping catalog.
The paperwork error, which unsecured a secured loan to General Motors, wasn't spotted until GM filed for bankruptcy in 2009.