The restructuring plan is expected to eliminate $320 million of debt and reduce interest expenses.

The operator of iconic outdoor apparel brand Eddie Bauer is expected to file for Chapter 11 bankruptcy, putting almost 200 ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

The legacy retailer is preparing a Chapter 11 bankruptcy filing that could shut down more than 200 locations.

Missed obligations and lenders’ demands for immediate repayment have pushed Beverly Hills-based franchiser Fat Brands Inc. and its affiliate, Twin ...

If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I have good news: there ...

Just a year after going public, the parent company of restaurant chain Twin Peaks has filed for Chapter 11 bankruptcy along ...

DUBLIN, Ohio — STG Logistics, the nation’s fourth-largest asset-based intermodal marketing company, filed for Chapter 11 bankruptcy protection Jan. 12 in federal court in New Jersey, the company ...

With so many restaurant chains closing locations nationwide and even filing for bankruptcy, these alarming trends are starting to feel like the new normal. But amid the turbulence, one familiar name ...

The Great Freight Recession, which began in 2022 and continues into 2026, has impacted trucking and logistics companies with ...

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

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