One location will shut down as the chain’s future remains unclear.

While Chapter 11 does not require debtor insolvency, it does require good faith (applicable to the petition and the plan), which for solvent debtors seeking to reject and modify lease-counterparty ...

The trucking industry has faced economic distress with declining revenues and profits since 2022, which companies have blamed on reduced shipping demand, lower freight rates, and rising costs of labor ...

Ipic bankruptcy filing was made within a month of the Academy Awards, which takes place March 15 and celebrates film and the movie-going experience.

A major fast-food franchisee has filed for Chapter 11 bankruptcy protection. The franchisee, Sailormen Inc., operates 100-plus Popeyes Louisiana Kitchen locations in Florida, and like the franchisees ...

If you’re a huge fan of this asian spot, there’s something you should know. Sushi and specialty roll chain Tsunami Sushi, which has four locations, has filed for Chapter 11 bankruptcy in the U.S.

The ‘Real Housewives’ star and vegan burger chain founder owes $1.2 million to the U.S. Small Business Administration ...

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 are real, practical pathways to resolve these ...

Eddie Bauer LLC has filed for Chapter 11 bankruptcy protection in New Jersey after reaching a restructuring agreement with its secured lenders. The company will launch liquidation sales at its U.S.