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

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

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

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

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

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.

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

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 ...

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

Grand Slam Track filed for Chapter 11 bankruptcy protection in a court filing last week, citing more than $40 million in debts and less than $1 million in total assets. The league, led by four-time ...