Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?

Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.

A hearing for the Idaho-based company is set for Friday, when a judge will rule on the sale of the aquarium’s remaining ...

Budget carrier Frontier Airlines announced on Wednesday that it has made another bid for fellow discount carrier Spirit ...

Spruce Hall used to be used as a student dormitory. The bidder has offered $7 million. The lawyer representing the buyer did ...

Frontier Airlines is proposing a deal to acquire competitor Spirit Airlines out of bankruptcy in a cash and stock offer ...

Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

The retailer used Chapter 11 to shed nearly $88 million in debt and will go forward as a privately held company owned by its ...

The Nikola stock price has collapsed to a record low, transforming a company that was once worth $26 billion in 2020 to just ...

After filing for bankruptcy and closing 40 locations, Tijuana Flats is back with fresh ownership, revamped restaurants, and ...

Frontier is making an offer to acquire the beleaguered Spirit Airlines, which filed for bankruptcy in November.

(Reuters) - Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with ...