chapter 11 bankruptcy

An Illinois trucking company with 183 trucks and 171 drivers recently filed for Chapter 11 bankruptcy protection.

Sweden’s Volvo Group was selected as the winning bidder for the battery and charging assets of bankrupt Proterra Inc.

Steve Burns cashed out more than $60 million in stock in Lordstown Motors. Now he is buying its assets out of bankruptcy for $10 million.

Lisa Celli was excited to start her first day on Jan. 5 as a contractor delivering mail for the U.S. Postal Service in the small unincorporated town in California where she and her husband live. However, less than 24 hours after finishing her first route for Ameritrans Express, she received an alarming email stating the contract delivery company was taking “drastic action.”

Frac sand firm Vista Proppants and Logistics filed for Chapter 11 bankruptcy protection on Tuesday, saying it has around $500 million in liabilities.

Dairy Farmers of America (DFA) announced it submitted a $425 million offer on Monday to buy most of bankrupt Dean Foods’ assets.