At the time, the airline cited unprofitability and lack of demand as reasons for its shutdown. As first reported by the ...

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

Under the terms of the proposed restructuring, Pretium’s total funded debt is set to decrease by more than $900m.

Multi-Color Corporation has filed for pre-packaged Chapter 11 bankruptcy protection as part of a recapitalization effort ...

A major operator of sports bar and BBQ concepts files for Chapter 11 to reduce debt and continue running its portfolio of ...

The company operates 2,200 restaurants worldwide including brands like Fatburger, Round Table Pizza, Fazoli's, and Johnny ...

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

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

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

The company, founded by namesake makeup artist Pat McGrath in 2015, filed for Chapter 11 bankruptcy on Jan. 22, according to ...

Primrose Candy Company, which started in 1928 according to their website, needs to settle around $12 million in debts and to "restructure its financial obligations." ...

This move comes months after creditors pushed for it to pay $1.3 billion in debt, and marks the first major restaurant ...