Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in financing commitments.

A financial restructuring and bankruptcy team from midsize firm Gutnicki, based in Skokie, Illinois, joined Thompson Coburn in Dallas and New York.

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

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

Opinion: Congress and the courts must reform the bankruptcy system to bring it in line with trauma science, basic fairness, ...

This article first appeared on KFF Health News and is republished here under a Creative Commons Attribution-NoDerivatives 4.0 ...

Hourly rates for bankruptcy lawyers are topping $3,000, contributing to soaring chapter 11 costs that have prompted more companies to turn to faster out-of-court restructurings. Major law firms have ...

Pace Law Firm (+1 844-606-0225) announces its expanded corporate and commercial legal services for businesses in the United States and Canada facing insolvency. Click here for more information about ...

A 22-year-old woman is now being detained at an Immigration and Customs Enforcement detention facility in Texas, after initially being held in Louisiana. Dulce Consuelo Diaz Morales's family said she ...

It was hardly a surprise when attorneys representing various interests in the LeFever Mattson bankruptcy case dragged Tim LeFever into mediation last month. LeFever is a co-founder of the dismantled ...