The global vodka company filed a motion to convert its Chapter 11 bankruptcy reorganization to a Chapter 7 liquidation.

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

Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

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.

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

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

Among those who filing were Boston Harbor Distillery, Westward Whiskey parent House Spirits Distillery, McCallum & Sons ...

As an avid fan of the show "Bar Rescue," I've seen countless businesses that look healthy on the outside, but actually have a ...

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

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 court-appointed trustee will sell off Daryl Heller’s assets to satisfy debts following a federal bankruptcy judge’s order ...