Pretium Packaging, a leading manufacturer of plastic containers and a portfolio company of private equity firm Clearlake Capital Group, has filed for Chapter 11 bankruptcy in the US Bankruptcy Court ...
The restaurant sector has faced declining sales and customer traffic in recent months, based on data from the National Restaurant Association, which has led operators to close locations and, in some ...
After nearly half a century in the business, a trucking company has filed for bankruptcy. This news signals the latest of what’s being called the “Great Freight Recession,” during which a demand for ...
Correction: The initial article misidentified the party in a bankruptcy filing as Shoshanna Lonstein. Shoshanna Lonstein has no affiliation whatsoever — and never has — with the responsible party, ...
A major fast-food franchisee has filed for Chapter 11 bankruptcy protection. The franchisee, Sailormen Inc., operates 100-plus Popeyes Louisiana Kitchen locations in Florida, and like the franchisees ...
Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...
Saks Global officially filed for Chapter 11 bankruptcy protection. The move happened in the U.S. Bankruptcy Court for the Southern District of Texas, according to a statement from the New York-based ...
Saks Global Enterprises has filed for Chapter 11 bankruptcy protection, barely a year after its $2.7B takeover of Neiman Marcus saddled it with a substantial debt load, marking one of the largest ...
Buckling under the weight of financial pressures, Saks Global filed for bankruptcy late Tuesday, naming a previous CEO of Neiman Marcus to lead the company. The New York company filed for Chapter 11 ...
STG Logistics filed for bankruptcy on Monday, aiming to shore up its balance sheet amid a legal battle with a couple of lenders over its restructuring efforts. The logistics-service provider’s chapter ...
Taste of Belgium has filed for Chapter 11 bankruptcy protection while keeping its remaining restaurants open, the company announced Tuesday, Journal-News reports. Owner Jean-Francois Flechet said the ...
Another popular breakfast restaurant chain has been hit with financial troubles, and is now filing for Chapter 11 bankruptcy protection. Taste of Belgium made the move to reorganize its business while ...
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