The legacy retailer is preparing a Chapter 11 bankruptcy filing that could shut down more than 200 locations.

A nearly century-old U.S. candy manufacturer has entered Chapter 11 as it works to restructure debt and preserve its ...

A Chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time.

At the time, the airline cited unprofitability and lack of demand as reasons for its shutdown. As first reported by the ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

Under the terms of the proposed restructuring, Pretium’s total funded debt is set to decrease by more than $900m.

Beyond its complicated debt situation, economic challenges and ongoing litigation worsened Fat’s financial stability.

The company, founded by namesake makeup artist Pat McGrath in 2015, filed for Chapter 11 bankruptcy on Jan. 22, according to ...

The parent companies behind two area restaurant chains have filed for Chapter 11 bankruptcy, citing heavy debt from aggressive acquisitions and cash issues.

Sometimes a Chapter 11 filing allows a company to pause its debts, stop collection efforts, and buy time to negotiate with ...

Just a year after going public, the parent company of restaurant chain Twin Peaks has filed for Chapter 11 bankruptcy along ...