Fast-food restaurant chains have faced financial distress over the last year with chains representing several different ...

A popular casual restaurant chain franchise that features scantily clad women servers filed for Chapter 11 protection but not ...

All Joann Fabrics and Crafts locations across the U.S. will close down over the next several weeks, according to Joann Inc., ...

Joann, the popular crafts and fabric store chain, has filed for Chapter 11 bankruptcy and is set to close all stores after failing to secure a buyer to remain in business.

Chapter 11 bankruptcy is a legal process that allows for the restructuring of your debt. While it is designed primarily for businesses, it can also be used by individuals with substantial debt.

There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...

In collaboration with the new ownership group, the Hudson, Ohio-based retailer announced it will shut down operations at all stores after conducting going-out-of-business sales at each location.

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved ...

Nikola (NKLA) shares plunged by over 50% on Wednesday after the electric vehicle (EV) maker was unable to raise funds or ...

Nikola on Feb. 19 filed the voluntary petition for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of ...

Electric vehicle startup Nikola filed for Chapter 11 bankruptcy on Wednesday and plans to move forward with an auction of its ...