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.

Adam Lippes hasn’t shipped an order to Saks Global since mid-December. On Wednesday morning, hours after the company filed ...

The luxury department store owes billions of dollars to suppliers and vendors. But at its New York City flagship this week, ...

The Chapter 11 bankruptcy filing by Saks Global Enterprises on Jan. 13 has raised questions among shoppers and vendors about ...

Willkie Farr & Gallagher and Haynes and Boone are representing Saks Global Enterprises in a Chapter 11 bankruptcy filing in ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for bankruptcy protection late Tuesday, according to court documents filed in US Bankruptcy Court in Houston, Texas.

The news comes less than a year after acquiring Neiman Marcus.

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

Navigating the legal system in New York can feel overwhelming, especially when dealing with financial stress. Filing for Chapter 7 bankruptcy is a serious decision, and having the right support can ...

LIT Boutique, a women’s designer clothing and accessories shop that has been a fixture on Newbury Street for 25 years, has filed for Chapter 7 bankruptcy, signaling a likely end for the longtime ...

Loading the Elevenlabs Text to Speech AudioNative Player... After a long, messy fight among numerous parties connected to the Diamond Comic Distributors bankruptcy, executives have moved to liquidate ...

Diamond Comic Distributors Inc., the debtor in the long-running Chapter 11 bankruptcy, is now heading toward Chapter 7, with the debtor requesting that the U.S. Bankruptcy Court in Maryland convert ...