The company that owns the Gastonia Honey Hunters has filed for bankruptcy in Maryland, according to court documents.

Johnson & Johnson's worldwide vice president for litigation said on Tuesday that the company has recently reached settlements with several law firms over their clients' claims that J&J talc products caused cancer.

The company plans to reorganize and fix its finances, but survival is not guaranteed once a bankruptcy court gets involved.

SmileDirectClub Inc. is in talks with its founders and creditors about a plan to save the once high-flying dental aligner company from liquidation.

Trucking company XPO Inc won a bid to buy 28 service centers of bankrupt Yellow Corp for $870 million in a closely watched auction of the nearly 100-year-old firm's assets.

Rite Aid plans to close more locations across California, including one in Sacramento and two in the Tahoe region.

A case at the heart of America's deadly opioid crisis goes before the U.S. Supreme Court this week. It involves Purdue Pharma and its owners, the Sackler family, and could set a major precedent shaping the way wealthy people and corporations use bankruptcy to shield themselves from lawsuits. NPR's addiction correspondent Brian Mann has been following the case.

SpaceX has quietly swooped in to buy a venerable parachute vendor on the verge of bankruptcy, The Information reports, in a rare acquisition by the launch provider as it gears up to play a pivotal role in NASA's return to the Moon.

AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring team provides valuable knowledge and experience in the areas of commercial debt restructuring, settlements, bankruptcy trusteeships, fiduciary work, and bankruptcy and creditors’ rights litigation.