The bankruptcy filing comes as the fast-food industry grapples with persistent challenges, including higher labor and food costs, elevated interest rates on borrowing, and a post-pandemic slowdown in ...

Restaurants have struggled as consumers have pull back spending and trade down in their choice of where to eat. That has led to high-profile closures, including Smokey Bones shutting down many of its ...

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

Luxury movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy reorganization, vowing to try to return to ...

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 ...

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 radio brand has a bankruptcy plan that would allow it to keep operating.

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 ...