In a bid to save horse racing in Illinois and preserve 250 jobs and the homes of hundreds of backside workers and their ...

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 ...

The retail operator for about 180 Eddie Bauer stores in the U.S. and Canada has filed for Chapter 11 bankruptcy. Stores will remain open during a court-supervised sale process but may close if a buyer ...

Diminished overseas demand for U.S. livestock forage has contributed to a major Northwest hay exporter seeking Chapter 11 bankruptcy protection while restructuring its business. In its Chapter 11 ...

Hawthorne Race Course filed for Chapter 11 bankruptcy Feb. 27 in federal bankruptcy court in Chicago, seeking a reorganization.