Saks Global has moved from quiet concern to open crisis after failing to make a scheduled debt payment, a lapse that has ...

The U.S. Bankruptcy Code provides that if a debtor makes an intentional fraudulent transfer within one year of the filing of bankruptcy petition, the debtor will be denied a discharge. Since the ...

The owner of Saks Fifth Avenue and Neiman Marcus is in talks with creditors about financing for a coming chapter 11 filing.

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

In a recent decision in In re Taing, the U.S. Bankruptcy Court for the District of Massachusetts held that a mortgagee holds a claim that could be modified by a Chapter 11 plan even if the debtor was ...

The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt ...

The success rate for student loan borrowers who attempt to discharge their debt in bankruptcy has "jumped" to 87% in recent ...

United Site Services Inc., a provider of portable toilets owned by private equity firm Platinum Equity, filed for bankruptcy ...

On December 22, Bloomberg reported that Saks was considering a Chapter 11 bankruptcy filing as a last resort amid a debt payment nearing. Some Saks lenders also reportedly held confidential talks to ...

It's difficult to conceive of a way to address the student debt issue in a way that would satisfy both conservative and liberal politicians, but a nascent movement to allow people to discharge student ...