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

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons. A major fast-food franchisee has filed for Chapter 11 bankruptcy ...

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

A 29-year-old trucking company has filed Chapter 11 bankruptcy, joining a growing number of carriers affected by the ongoing ...

There were 956 commercial Chapter 11 filings in January 2026, an increase of 76% from the 544 filings registered in ...

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