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While Chapter 11 does not require debtor insolvency, it does require good faith (applicable to the petition and the plan), which for solvent debtors seeking to reject and modify lease-counterparty ...

Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon as Sunday, according to people familiar with the matter. The company is ...

All Joann Fabrics and Crafts locations across the U.S. will close down over the next several weeks, according to Joann Inc., just one month after filing Chapter 11 bankruptcy.