Much like other restaurant chains that filed for Chapter 11 in 2025, the company says rising costs, lower demand and other ...

Severe industry headwinds have led several healthcare providers into financial distress over the last two years, resulting in ...

The company behind both Brio Italian Grille and Bravo! Italian Kitchen announced plans to close underperforming stores as it ...

Starting in March 2025, its DBT increased to 11. The company’s DBT then rose to 18 in April 2025 and reached a high of 20 in ...

Claire's, the popular accessory retailer, has filed for Chapter 11 bankruptcy. Find out why the company made the move and ...

Oi SA’s pursuit of a Chapter 11 filing has hit a snag in US bankruptcy court, leaving the Brazilian phone carrier unable to ...

A Pittsburgh-region trucking company filed for voluntary Chapter 11 bankruptcy protection in federal bankruptcy court.

The exchange filed for Chapter 11 bankruptcy in November 2022. The court found the firm's founder Sam Bankman-Fried guilty of seven counts of fraud and sentenced him to 25 years in prison and ...

Rebecca Rose Woodland: So what happens in a chapter 11 bankruptcy, which is what we're seeing and we see this with J Crew two days ago we're hearing that there's a possibility, Neiman Marcus Group ...

Chapter 11 bankruptcy is known as “reorganization” bankruptcy. This chapter allows businesses and individuals with high-value assets to develop a repayment plan to satisfy creditors over time.

However, filing for Chapter 11 is a significant decision that requires careful consideration and planning. Here are the seven essential steps to consider when contemplating Chapter 11 bankruptcy.