This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.

The owner of one of the world's best known vodka labels is shutting down its American business, with court papers showing a ...

Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.

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

The spirits industry has faced economic issues since the end of the Covid-19 pandemic that continue to mount. Among the ...

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 ...

Several U.S. whiskey distilleries are filing for bankruptcy, with industry-giant Jim Beam pausing production. What's ...