(RTTNews) - Premium class New York to London carrier Eos Airlines on Saturday said it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code. The petition was filed April 26 in the U.S. Bankruptcy Court in the Southern District of New York. Eos will immediately reduce its workforce, eliminating most of its positions.

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A Sacramento-area home builder facing huge debts and buyers angered over what they claim are defective houses has filed for personal bankruptcy protection. Builder John D. Reynen of Reynen & Bardis Communities filed for Chapter 11 protection Wednesday in U.S….

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Mike Nifong, the former Durham district attorney, was in federal bankruptcy court today to find out whether a judge would lift the stay on the civil claims filed against him by the former Duke lacrosse players he tried to prosecute.

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Alitalia flew into the unknown on Tuesday after Air France-KLM withdrew its takeover offer, leaving Italy’s long-struggling flag carrier with little choice but to contemplate bankruptcy or receivership.

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