WITH the pandemic intensifying the plight of US retailers, companies from J Crew to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases...

LORD & Taylor, the floundering department store company that traces its roots to 1826, on Sunday became the latest retailer to file for bankruptcy protection as the coronavirus outbreak...

[NEW YORK] Lord & Taylor, the floundering department store company that traces its roots to 1826, on Sunday became the latest retailer to file for bankruptcy protection as the coronavirus...

[BANGKOK] Thailand's bankruptcy court on Thursday said it had accepted a petition from low-cost carrier Nok Airlines for bankruptcy protection, as the coronavirus pandemic worsened conditions for...

[WASHINGTON] UK discount retailer Matalan will file for Chapter 15 court protection in the US on Wednesday as part of broader measures to buttress its balance sheet in the aftermath of pandemic-...

NEIMAN Marcus Group, the luxury retailer that is making its way through bankruptcy proceedings, said it will permanently close its store in New York City's Hudson Yards along with three other US...

[LONDON] Britain will launch a consultation on Monday to establish ways to better protect consumers when retailers suffer insolvency and customers have pre-paid for goods.

THE Insolvency, Restructuring and Dissolution Act, together with its 48 related pieces of subsidiary legislation, will commence on July 30, 2020, Singapore's Ministry of Law (MinLaw) said on...

[NEW YORK] Ascena Retail Group, the owner of the Ann Taylor and Lane Bryant apparel chains, filed for bankruptcy protection on Thursday after its business was thrown into disarray by the Covid-19...

THE Insolvency, Restructuring and Dissolution Act, together with its 48 related pieces of subsidiary legislation, will commence on July 30, 2020, Singapore's Ministry of Law (MinLaw) said on...