Bankruptcy

SmileDirectClub, which provided telehealth dentistry services centered on clear aligners for patients, halted its operations on Friday roughly three months after entering bankruptcy.

More Americans are discharging student loan debt in bankruptcy thanks to a rule change by the Biden administration last year that made the process easier.

Days before the next Miss Universe pageant, former judge Emily Austin argues the transgender-led organizer behind the event went bankrupt because people found it "socially and morally" wrong.

With WeWork in bankruptcy and his remaining shares near worthless, there is a potential for further financial gain for Adam Neumann worth hundreds of millions of dollars.

WeWork co-founder Adam Neumann weighed in on the company's bankruptcy this week and he's been working on a new company called Flow that he founded last year.

WeWork co-founder and former CEO Adam Neumann delivered his reaction to the office-sharing firm's bankruptcy filing, calling the move "disappointing."

WeWork has filed for bankruptcy, months after hinting it was teetering on the edge. FOX Business gives a timeline of the long-suffering office-sharing company's years of troubles.

A jury found FTX founder Sam Bankman-Fried guilty on all counts related to the last year's collapse of the cryptocurrency exchange, he faces potentially over 100 years in prison.

Rite Aid is shuttering over 150 stores as it seeks to restructure its business following years of legal issues tied to the opioid crisis and sagging sales.

Rite Aid filed for Chapter 11 bankruptcy and appointed Jeffrey Stein as its new CEO and CRO as part of a major financial restructuring effort.

The collapse of Sam Bankman-Fried's cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison, also SBF's former gal pal, in the firm's implosion.

The International Longshore and Warehouse Union filed for bankruptcy last week as it seeks to resolve a legal dispute with a former port terminal operator over illegal work slowdowns.

A spokesperson for Stanford University says the institution is working to return all the funds it received from bankrupt crypto exchange FTX and its affiliates.

Party City's Chapter 11 bankruptcy plan was given the all-clear by a judge on Wednesday, allowing the company to offload $1 billion in debt and leaving shareholders out of luck.

Hawaiian Electric's stock surged by more than 44% during Monday's trading session as the utility released an update on its response to the deadly Maui wildfires and pushed back on a lawsuit.

Philadelphia-based Rite Aid, one of the biggest pharmacy chains in the U.S., is reportedly preparing to file for Chapter 11 bankruptcy protection.

Yellow Trucking company filed for chapter 11 bankruptcy in early August and now companies are beginning to bid for the company's assets, which include 160 trucking terminals.

Chinese real estate giant Evergrande on Thursday filed for Chapter 15 bankruptcy in a U.S. court, saying it was seeking recognition of restructuring talks in multiple countries.

Wheels Up Experience, a company that charters private jets, announced a deal to give up nearly all of its stock to a trio of lending partners in exchange for a $500 million lifeline.