The company intends to use the Chapter 11 process to evaluate restructuring options, including a potential standalone restructuring or sale strategy. Omnicare expects to pay vendors and suppliers in ...

Cincinnati-based Omnicare, the long-term care pharmacy business of Woonsocket, RI-based CVS Health, has filed for Chapter 11 bankruptcy, citing the need to “resolve issues” related to recent senior ...

GameSpot may get a commission from retail offers. Starting in January, students at the University of Tennessee in Knoxville can take an American history class focused on the Grand Theft Auto series.

Staring down dozens of lawsuits from investors, vendors, landlords and unions, LuxUrban Hotels has entered bankruptcy. LuxUrban once controlled more than 1,000 rooms in at least four cities, but it ...

SALT LAKE CITY — US Magnesium, which operates a facility along Utah's Great Salt Lake, filed for Chapter 11 bankruptcy protection on Wednesday. The move comes weeks after Utah's Division of Forestry, ...

For the second time in a year, Spirit Airlines has filed for bankruptcy. Parent company Spirit Aviation Holdings Inc. announced Aug. 29 a “comprehensive restructuring” of the airline, which Spirit ...

Aug. 30 (UPI) --Spirit Airlines announced it filed for bankruptcy, less than six months after emerging from Chapter 11 reorganization. The budget carrier said Friday it is "executing a comprehensive ...

Discount carrier Spirit Airlines, overwhelmed with continuing financial difficulty, returned to bankruptcy court in a second bid to rehabilitate its business reorganization under Chapter 11 protection ...

Another national restaurant chain has filed for Chapter 11 bankruptcy protection. According to Newsweek, Bravo Brio Restaurants -- which owns Bravo! Italian Kitchen and Brio Italian Grille -- filed ...

A Pittsburgh-region trucking company filed for voluntary Chapter 11 bankruptcy protection in federal bankruptcy court. CLB Trucking Inc., 959 Old State Route 66, Greensburg, made the filing Friday in ...

The Italian casual restaurant sector has faced both impressive sales results for certain dining chains, while some others have experienced financial distress, over the last two years. Popular casual ...