Kansas City, Mo.? Farmland Industries Inc. said Friday that it was unable to reach terms with Smithfield Foods on a buyout offer and had filed for Chapter 11 bankruptcy protection. The nation’s ...

The company filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas on Dec. 22, 2024. In a letter to ...

Low-cost airline Spirit Airlines was the most prominent airline to file bankruptcy as it filed its Chapter 11 petition on Nov ...

Another 120 are scheduled for demotions. Under heavy financial and competitive pressures, Spirit filed a pre-arranged Chapter 11 bankruptcy petition in New York last November as it sought to ...