[SAN FRANCISCO] New York-listed Pacific Gas and Electric Company (PG&E Corp) said in court papers on Friday it has debt financing commitments of US$34.35 billion for a planned Chapter 11...

[NEW YORK] Luxury retailer Barneys New York is in advanced talks with a group of retail industry investors looking to buy the company out of bankruptcy for about US$220 million, according to...

[NEW YORK] Forever 21 Inc filed for bankruptcy protection, adding another big fashion merchant to the tally of retailers who couldn't cope with high rents and heavy competition.

[LONDON] Thomas Cook Group Plc has filed for Chapter 15 court protection in the US as part of a broader debt restructuring for the UK travel agent.

[NEW YORK] OxyContin maker Purdue Pharma LP filed for bankruptcy protection in New York on Sunday night, succumbing to pressure from more than 2,000 lawsuits alleging the company helped fuel the...

[NEW YORK] Forever 21 Inc is preparing for a potential bankruptcy filing as the fashion retailer's cash dwindles and turnaround options fade, according to people with knowledge of the plans.

US luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing consumer tastes, people familiar with...

[NEW YORK] A group of Toys "R" Us workers who lost their jobs as the company went bankrupt will get some of the estate's remaining cash to make up for severance pay that they were denied during...

[BEIJING] Chinese conglomerate Reward, whose chief executive officer (CEO) had ambitious plans to open 1,500 bakeries in China using flour produced on swathes of French land that he snapped up,...

JANNIE Chan Siew Lee's appeal against her bankruptcy order was dismissed by the High Court on Monday.