Dietrich Knauth

Two U.S.-based subsidiaries of vodka maker Stoli Group have filed for bankruptcy protection in Dallas, Texas, after a damaging cyberattack, the Russian government’s seizure of its remaining distilleries in that country, and a dispute with the company’s lenders.

Hearthside Food Solutions filed for bankruptcy protection on Friday, seeking to trim $1.9 billion debt and restructure its operations after investigations into child labor at factories where it made granola bars, breakfast cereal and snacks.

A losing bidder connected to conspiracy theorist Alex Jones challenged on Monday the Onion's purchase of Jones' Infowars website, saying the parody news site won a rigged bankruptcy auction and offered half as much cash as its bid.

Sterilization company Cosmed Group Inc. has filed for bankruptcy protection after being named in lawsuits alleging that its airborne cleaning chemicals caused injuries including cancer.

Regional sports broadcaster Diamond Sports Group received court approval on Thursday for a bankruptcy restructuring that will rebrand its TV channels, trim nearly $9 billion in debt, and renegotiate broadcast contracts with six Major League Baseball teams.

Like a headline lifted from the Onion, the parody news website is buying conspiracy theorist Alex Jones' Infowars in a bankruptcy auction.

A U.S. appeals court panel on Wednesday appeared unlikely to overturn the Boy Scouts of America's $2.46 billion settlement of sex abuse claims, suggesting it would be impractical to upend the deal long after the youth organization emerged from bankruptcy.

TGI Fridays franchisees are worried that they could be on the hook for $49.7 million in outstanding customer gift card obligations if the company's bankruptcy doesn't go smoothly, an attorney for franchisees said Monday.

Purdue Pharma is close to a new bankruptcy settlement with its owners, members of the wealthy Sackler family, and state and local governments that have filed lawsuits alleging that its painkiller OxyContin spurred a deadly opioid-addiction crisis in the U.S., a court-appointed mediator said on Thursday.

U.K.-based fitness company PureGym will acquire most of bankrupt U.S. gym operator Blink Fitness's assets for $121 million, the two companies said Thursday.