Anyone who got money through Daryl Heller’s ATM investment network could soon face the prospect of having to give it back. Heller’s recent indictment on criminal fraud charges makes it very likely ...

Chapter 11 bankruptcy is a legal process that allows a company to reorganize its debts while continuing its operations. For Stoli Group USA, this process is critical, as it seeks to stabilize its ...

A new filing in the Diamond Comic Distributors bankruptcy proceedings confirms that the case is now moving further towards Chapter 7 oversight, with an interim trustee formally appointed by the U.S.

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy.

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case. The article provides an overview of important tasks that an examiner or ...