Burger chain franchisee files for bankruptcy, facing huge debt obligations.

Spanish Broadcasting System announced it intends to voluntarily file for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware after reaching a Restructuring Support ...

The struggling wine industry has lost some of its wineries to financial distress and closure this year, while others have ...

Spanish Broadcasting System — the company founded in 1983 by Raúl Alarcón Jr. — has moved forward with a restructuring ...

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 ...

A Chapter 11 bankruptcy seeks to reorganize a company’s debts and enable the entity to remain operational and become solvent.

Jan 9 (Reuters) – Luxury retailer Saks Global is planning to file for Chapter 11 bankruptcy as soon as Sunday, Bloomberg News reported on Friday, citing people familiar with the matter. The owner of ...

The furniture retail sector has suffered from economic distress in the last year with major home furnishing companies closing ...

Saks Global Enterprises – which owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman – is planning to file for Chapter 11 bankruptcy protection as soon as Sunday, according to a report. The ...