A major operator of sports bar and BBQ concepts files for Chapter 11 to reduce debt and continue running its portfolio of ...
Over 100 locations have closed, and the chain may not survive as bankruptcy drives further cutbacks.
Stoli vodka and Kentucky Owl bourbon makers face potential asset liquidation as creditors push to convert Chapter 11 ...
Companies often file for bankruptcy not because they're not cash flow positive, but because they can't generate the cash needed to service their debt. In many cases, if you took that debt away, the ...
Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons. A major fast-food franchisee has filed for Chapter 11 bankruptcy ...
A Chapter 11 protection will allow the company to halt the immediate liquidation of its assets while meeting certain goals to ...
A nationwide candy distributor filed for Chapter 11 bankruptcy a week before Halloween to deal with its debt woes. CandyWarehouse.com filed for bankruptcy in the U.S. Bankruptcy Court for the Northern ...
A major convenience store operator has filed for Chapter 11, reflecting financial pressures and shifting consumer habits in the retail and gas store sector.
Miami-based Popeyes Louisiana Kitchen restaurant franchisee Sailormen Inc. filed for Chapter 11 protection on Jan. 15. Here's what to know.
Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...
Provisions in chapter 11 plans releasing non-debtors from liability for pre-bankruptcy conduct in exchange for funding for plan distributions, and provisions exculpating estate fiduciaries and other ...
The bankruptcy administrator of Terraform Labs has sued the popular proprietary trading firm, Jump Trading, for allegedly profiting from and contributing to the crypto company's collapse in 2022, the ...