Chapter 11 - USA Herald

America December 30, 2025

United Site Services Files for Bankruptcy, Aiming to Shed $2.4B in Debt

United Site Services, the nation’s largest provider of portable sanitation, has entered bankruptcy court with a sweeping plan to slash…

By Rihem Akkouche

America December 15, 2025

Roomba maker iRobot has filed for bankruptcy

The company that once turned household cleaning into a futuristic routine has hit financial turbulence. iRobot files for bankruptcy, seeking…

By Rihem Akkouche

America December 11, 2025

Grand Slam Track Filed for Chapter 11 Amid Debts

Grand Slam Track — the ambitious professional track and field league founded by Olympic icon Michael Johnson — filed for…

By Rihem Akkouche

America November 24, 2025

Clearside Biomedical Filed for Chapter 11

Clearside Biomedical, a clinical-stage company specializing in eye-disease treatments, has filed for Chapter 11 bankruptcy in Delaware, launching a high-stakes…

By Rihem Akkouche

America November 19, 2025

Lugano Diamonds $12M Chapter 11 Financing Clears First Hurdle as Scandal-Ridden Jeweler Hunts Buyer

Luxury jeweler Lugano Diamonds & Jewelry Inc. secured the green light to tap up to $1.5 million of a larger…

By Rihem Akkouche

America November 7, 2025

Pine Gate Filed for Chapter 11 Amid $1B Debt

In a move that sent ripples through the renewable energy sector, Pine Gate Renewables has filed for Chapter 11 bankruptcy…

By Rihem Akkouche

America November 5, 2025

Apple and Amazon Demand Hagens Berman Pay $2M in Defense Costs

In a courtroom clash that reads like a legal thriller, Apple Inc. and Amazon.com Inc. have asked a Seattle federal…

By Rihem Akkouche

America November 5, 2025

Klöckner Filed for Bankruptcy to Restructure €1.3 Billion Debt Load

In a high-stakes financial maneuver, Klöckner Pentaplast Verwaltungs GmbH, one of Europe’s major plastic packaging manufacturers, filed for bankruptcy protection…

By Rihem Akkouche