Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan.

The federal government has called Portfolio Recovery Associates a "repeat offender." A class-action lawsuit in North Carolina ...

Roger Williams Medical Center in Providence and Our Lady of Fatima in North Providence — has become increasingly tenuous over ...

This summary is reviewed by TRD Staff. A buyer has been selected for the $725 million debt on San Francisco's Hilton Union Square and Parc 55 hotels. Despite the selection, the sale is still at ...

Spirit Airlines has officially exited Chapter 11 bankruptcy proceedings after shedding a large chunk of debt and receiving a ...

As SARS calls for bids on Royal AM football club, potential buyers face inheriting massive tax debt, unpaid wages, and a FIFA ...