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Latest News in Bankruptcy

• February 10, 2026

  Saks Global To Close 9 More Stores In Ch. 11

  Saks Global said on Tuesday it plans to close eight Saks Fifth Avenue stores and one Neiman Marcus location in the U.S., as it looks to boost its business through a Chapter 11 restructuring. 

• February 10, 2026

  America's Test Kitchen Harvests Food52 Assets In Ch. 11

  A Chapter 11 deal to serve up assets of cooking and home goods e-commerce company Food52 Inc. to America's Test Kitchen secured a Delaware Bankruptcy judge's approval Tuesday, one of three sale measures totaling nearly $12.5 million to move forward.

• February 10, 2026

  Eddie Bauer Gets Go-Ahead For Early March Ch. 11 Auction

  A Delaware bankruptcy judge approved a Chapter 11 schedule Tuesday for the retail operator for outdoor clothing brand Eddie Bauer that will see the company on the block by early March and any unsold stores closed for good by the end of April.

• February 10, 2026

  Venezuela, Mining Co. Won't Shoulder $3.1M In Citgo Fees

  A special master has lost his request to have Venezuela and gold mining company Gold Reserve pay his $3.1 million bill for defending against their unsuccessful bid to have him disqualified in long-running litigation over the sale of Citgo, with a judge saying they shouldn't have to shoulder "more than their ordinary share" of the fees.

• February 10, 2026

  Theme Park Files Ch. 11 After Wrongful Death Judgment

  The owner of Colorado's Glenwood Caverns Adventure Park has filed for Chapter 11 protection in Delaware bankruptcy court, saying it's unable to pay a $116 million wrongful death judgment.

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