Update: Diamond's two largest unsecured creditors are Penguin Random House (a publishing company and distributor for other publishers, including manga ones such as Dark Horse) and Bandai. Diamond owes these two companies US$9,202,181 and US$4,348,743, respectively.

Sporting goods retailers have battled to stay afloat after the Covid-19 pandemic rocked the nation, forcing retailers in most sectors to shut down operations for long periods in 2020. Aside from closing stores and reducing customer occupancy in stores to promote physical distancing measures,

Prospect Medical Holdings, which owns Manchester Memorial Hospital, Rockville General Hospital and Waterbury Hospital, has filed for Chapter 11 bankruptcy.

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business challenges.

The casual restaurant sector faced financial distress in 2024 with several major chains having no choice but to file for Chapter 11 bankruptcy protection to save their businesses from closing permanently.

Citing millions of dollars in debt, Corsa Coal Corp. and its subsidiaries are filing for Chapter 11 relief through federal bankruptcy court.

Lawmakers said they'll "fight like hell" to keep Crozer Chester Medical Center open after its parent company, Prospect Medical Holdings, filed for bankruptcy.

The for-profit owner of Crozer Health, Prospect Medical Holdings, has filed for Chapter 11 bankruptcy, writes Kenny Cooper for WHYY. The filing Saturday

Prospect Medical Holding says its facilities will remain open as it works to sell off its hospitals, including Crozer-Chester Medical Center in Chester and Taylor Hospital in Ridley Park.