LLC and Kentucky Owl LLC, two subsidiaries of global spirits company Stoli Group, filed to convert their Chapter 11 process ...

When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...

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 ...

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.

Iron Hill Brewery & Restaurant has filed for bankruptcy protection. The regional chain, which had operated in Pennsylvania, New Jersey and Delaware, submitted a Chapter 7 bankruptcy filing last week ...

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

Smoke BBQ owner files Chapter 7 amid nearly $2.7M in claims, putting the downtown rooftop's future in question.