The retail marketplace does not have any nostalgia. Just because a brand has been around for decades, or even a century, does ...

Popular fried chicken fast-food restaurant chain files for Chapter 11 to reorganize its business.

If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I have good news: there ...

Missed obligations and lenders’ demands for immediate repayment have pushed Beverly Hills-based franchiser Fat Brands Inc. and its affiliate, Twin ...

The restructuring plan is expected to eliminate $320 million of debt and reduce interest expenses.

Pretium Packaging files Chapter 11 bankruptcy to restructure $900M debt while maintaining operations with Clearlake support ...

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

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

At the time, the airline cited unprofitability and lack of demand as reasons for its shutdown. As first reported by the BankruptcyObserver watchdog, Tailwind Air has now filed for Chapter 11 ...

A Houston-based oilfield services company has filed for Chapter 11 bankruptcy protection, citing its overleveraged capital structure, low oil prices and new tariffs as causes.

DUBLIN, Ohio — STG Logistics, the nation’s fourth-largest asset-based intermodal marketing company, filed for Chapter 11 bankruptcy protection Jan. 12 in federal court in New Jersey, the company ...

This move comes months after creditors pushed for it to pay $1.3 billion in debt, and marks the first major restaurant ...