Fast casual chain BurgerFi has filed for Chapter 11 bankruptcy Wednesday after months of reporting financial distress.
The retail sector suffered more significant bankruptcy filings in 2024 after facing several notable Chapter 11 cases in the ...
Tears ran down Americans' faces after a nostalgic seafood restaurant faced multiple closures while drowning in unpaid bills.
Red Lobster filed for bankruptcy in May, and after getting court approval for sale to a new owner, will exit from Chapter 11.
On Thursday, Red Lobster Management LLC, which owns and operates the restaurant chain, received court approval of its Chapter 11 plan ... will step down and leave the company, according to ...
9 filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court ... Edgio’s stock closed at $1.22 a share Monday, down 80.2%. Track the stock here. Related: Tempe streaming services company ...
based fast-casual burger chain and parent to Anthony’s Coal Fired Pizza — has filed for Chapter 11 bankruptcy protection ... BurgerFi’s sales were down 7.5% from 2022 to 2023, and its ...
Discount retailer Big Lots announced Monday that it has filed for Chapter 11 bankruptcy protection. The filing will result in more store closures beyond the 315 announced in early August, the company ...
Big Lots on Monday filed for Chapter 11 bankruptcy protection in Delaware. In court documents, Big Lots claimed liabilities and assets ranging from $1 billion to $10 billion. The company has received ...
That includes more than 50 locations whose equipment was put up for auction just days before the Chapter 11 petition ... That’s down from 578 disclosed as of May’s filing.