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

Related: Key toilet paper brand files Chapter 11 bankruptcy. The last few weeks for a retail chain that's going out of ...

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

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

PCH says it plans to operate in a “business-as-usual manner” throughout the bankruptcy process — noting that the “Prize ...

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 ...

The corporate parent of the restaurant chain known for its skimpy waitstaff outfits says it can sort out its beleaguered finances within months.

Aspiration Partners, a climate finance company, filed for Chapter 11 bankruptcy protection after co-founder Joseph Sanberg ...

In comparison to its previous fleet plan, Spirit Airlines plans to operate 23 fewer aircraft by the end of 2025.

Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes as the chain seeks to sell its company-owned ...

Spirit Airlines CEO Ted Christie and Chief Commercial Officer Matt Klein have stepped down, a leadership transition that ...

On Sunday, March 23, 23andMe Holding Co. announced it started voluntarily filing for Chapter 11 Bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Missouri, according to a press ...