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.

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.

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 ...

A United States-based airline has filed for bankruptcy. This bankruptcy has come a little over a month after the passing of the company’s founder and CEO. The United States Courts website describes ...

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 ...