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

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

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 ...

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 ...