Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

When a company files for Chapter 7 or Chapter 11, investors often lose out ...

Economic distress in the furniture retail sector is driving major home furnishing companies to close stores and manufacturing facilities, as well as file for Chapter 11 bankruptcy. The furniture ...

Cumulus Media, a national radio broadcast company with holdings that include WXLO of Worcester, filed a streamlined Chapter ...

The furniture and mattress chain files for bankruptcy reorganization and closes stores.

With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy. The Atlanta-headquartered radio group formally disclosed its latest ...

Luxury movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy reorganization, vowing to try to return to ...

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

The chain of restaurants, that was started in Lafayette by a local family before it was sold to the current owners, filed for ...

Lila Kate Trucking, an Alabama-based carrier with 15 drivers, has filed for Chapter 11 bankruptcy protection. The post ...

ATLANTA — A bankruptcy attorney weighed in after the owner of the Slutty Vegan restaurant franchise, Aisha “Pinky” Cole, ...

Cumulus Media Inc., an audio company with a corporate office located in Atlanta, Georgia, filed for Chapter 11 bankruptcy on ...