An airline has filed for bankruptcy two years after it grounded all flights. According to TheStreet, Greensboro-based Jet It submitted a Chapter 7 bankruptcy filing this week. The filing is different ...
Forbes contributors publish independent expert analyses and insights. Doug Gollan covers private aviation and the business of luxury travel. The filing comes less than a month after its founder and ...
Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...