The healthcare sector has battled financial distress since the end of the Covid-19 pandemic as rising inflation drove up ...

Consolidated Burger Holdings is now down to 57 Burger King locations across the two states, as inflation and decreased foot ...

A major U.S. manufacturer of bath tissue and other tissue paper products sold at Aldi filed for Chapter 11 bankruptcy with ...

The fast-food burger chain sector is facing an array of issues that has led to dozens of restaurant closings and several ...

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case.

A large Burger King franchisee with dozens of locations in Florida and Georgia has filed for bankruptcy. Does that mean they're closing restaurants?

New data shows a double-digit rise in bankruptcies, with signs of growing pressure on businesses and households alike.

The DNA testing company faced major hurdles in the past year, including a data breach and a failed take-private attempt by CEO Anne Wojcicki.

A buyer group comprised of two existing Hooters franchisees has agreed to acquire and operate certain Company-owned Hooters locations, the company said in a press release. At the end of the Chapter 11 ...

Royal Paper, a major toilet paper brand, along with Royal Interco, Doubletree Paper Mills and Sun Paper Company have filed for Chapter 11 bankruptcy, citing mounting debts and financial pressure.

Spirit Airlines has named a new CEO as the low-fare carrier emerges from Chapter 11 bankruptcy protection, it announced ...

It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to franchisee-owned locations.