Business & Commercial Bankruptcy

Just because you, as a business owner, have fallen on financial hard times doesn't mean that bankruptcy is inevitable. Professionals who work in bankruptcy law can inform business owners of their debt relief options before, during and after filing for...

Most of the time companies go bankrupt because of losses sustained during normal business ventures. Occasionally, however, firms file for commercial bankruptcy after dubious business deals unravel and cause financial chaos. In these situations, details often emerge...

Chances are most readers in the Cleveland area have used a product made by Kodak. For many, the name is almost synonymous with photography. However, with the widespread use of digital cameras, Kodak and its business of making film has struggled to remain profitable....

Businesses dealing with serious financial challenges sometimes can improve their circumstances by filing for commercial bankruptcy to reorganize their assets. This could be the case with a Tennessee shopping center that recently filed for Chapter 11 bankruptcy.An...

It should be no surprise by now that many businesses in Tennessee have had to confront financial difficulties in the last several years. Sometimes the financial maneuvers that business owners make come under scrutiny in the bankruptcy process, and this can lead to...

Gold Leaf Corporation, a company from Nashville, Tennessee that acquired pieces of the Statue of Liberty during a renovation project in 1984, is filing for bankruptcy after an investor who kept the company afloat sued them. The man who invested in Gold Leaf Corp. won...

Earlier this year, the Tennessee-based company Graceway Pharmaceuticals LLC filed for bankruptcy. According to court papers filed in the business bankruptcy, the company owed as much as $1 billion to creditors. However, the company will be able to stay open following...