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One of the largest farm in North Dakota, McMartin Farms filed for bankruptcy last month, raising concern on the effect to the farming industries in the Red River area.
SandRidge Energy files for Chapter 11 bankruptcy to protect its business and continue operation. The restructuring will keep the oil and gas company producer to operate on its daily operation to pay for the wages, royalties and other concerns without any interruption.
SunEdison resorts to equity partners for its India operation after it had filed Chapter 11 on Thursday. Many investors are disappointed about too many acquisitions leading to many debts and are skeptical about the future of the newly-acquired companies.
SunEdison Inc, once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable.
A New Jersey judge said that he will oversee the finances of cash-strapped Atlantic City to ensure it pays $25 million it owes the local school district for the rest of this school year.
Goodrich Petroleum has filed for bankruptcy protection with the goal of eradicating its almost $400 million debt. The move comes after the debt-for-equity swap failed.
Peabody Energy Corp filed a bankruptcy protection in the US Bankruptcy Court for the Eastern District of Missouri. The company said, the declaration was due to coal industry downturn and debt troubles.
Its failure to meet its March 15 deadline and pay creditors or obtain needed capital may force natural gas leader, Ultra Petroleum, to file for bankruptcy. Auditors have already expressed doubt for the oil company's ability to fulfill its accountabilities.
While Tyga is known for wearing flashy clothes and posting about his belongings in various social media account, reports say that the rapper actually filed for bankruptcy back in January 2011 so he can avoid paying $500,000 in rent dues.
Albertsons agreed to pay $5.75 million to settle a billion-dollar lawsuit filed by grocery retailer Haggen over the sale of 146 stores that eventually led Haggen into bankruptcy.
Apple Inc patents covering the "slide to unlock" feature on smartphones are invalid, Germany's highest appeals court ruled on Tuesday, reaffirming a 2013 decision rejecting the U.S. company's claims by a lower court.
New Jersey has terminated all of its interest rate swap agreements under Governor Chris Christie, paying banks $720 million to unravel $4.2 billion of swaps and wiping from its books a potentially big, unpredictable liquidity risk.
Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said.
Bondholders of gun maker Colt ripped into the bankrupt company's private equity owner in a court hearing on Tuesday, saying the firm sped up its decline by starving it of cash and investment.
The U.S. Supreme Court ruled on Monday that bankruptcy attorneys must bear the expense of defending their fees, which could make it harder for lawyers to get paid for their often-costly Chapter 11 work.
Prosecutors in Minnesota brought criminal charges on Friday against the Roman Catholic Archdiocese of St. Paul and Minneapolis, accusing it of failing to protect children from a priest who pleaded guilty in 2012 to sexual abuse.
Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years leading up to its 2008 collapse, the New York attorney general said on Wednesday.
General Motors Co will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that led to the recall of 2.6 million vehicles, a U.S. bankruptcy judge ruled on Wednesday.
