The Diamond Chapter 11/Chapter 7 process has been one filled with drama and it feels like you never know where it might go next.

The family-owned mattress retail chain's creditors file to convert its bankruptcy to Chapter 7 liquidation.

The 38-year-old mattress retail chain will liquidate and close its 45 stores after a judge ordered its Chapter 11 case ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

A new filing in the Diamond Comic Distributors bankruptcy proceedings confirms that the case is now moving further towards Chapter 7 oversight, with an interim trustee formally appointed by the U.S.

A court-appointed trustee will sell off Daryl Heller’s assets to satisfy debts following a federal bankruptcy judge’s order this week to convert Heller’s personal bankruptcy case from a Chapter 11 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of these rules, known as the "90-day rule," can have a big impact on ...

Fred Stevens, who had been the Chapter 11 trustee in Lancaster businessman Daryl Heller’s personal bankruptcy case, will continue to oversee the case following its conversion to a Chapter 7 ...

On February 6, 2026, President Trump, after near unanimous support by the U.S. Senate and the U.S. House of Representatives, signed into law the Bankruptcy Administration Improvement Act of 2025 (the ...