The company and all involved parties agreed that Wiederhorn will step back until the bankruptcy proceedings and possible sale ...

Creditors are seeking a Chapter 7-style liquidation, putting some iconic restaurants at risk of closure during ongoing ...

In reaching a deal with lenders, the owner of restaurant chains like Twin Peaks and Fazoli’s will get a crucial lifeline ...

From diminishing marketing support to a sale of assets, operators could see changes that impact operations as the Fatburger ...

Genesis HealthCare is asking a federal court for permission to pay nearly $10 million in executive and employee performance bonuses as it navigates the remaining weeks of bankruptcy proceedings.

From retail to restaurants, prices are rising, and it’s hard for customers to keep up. People are going out to eat less, or they’re choosing cheaper restaurants when they do. That’s taken a toll on ...

In this exclusive interview, Lutheran Life CEO Sloan Bentley shares the story of the organization’s bankruptcy and lessons that may be helpful to other providers. Sloan Bentley could see the writing ...

Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, ...

Emerson Equity has been to turn over documents to private equity firm Inspired Healthcare Capital related to Inspired’s bankruptcy petition.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That's because the rules around bankruptcy are more nuanced than many ...

Eddie Bauer plans to close 174 brick-and-mortar stores across the U.S. and Canada after failing to find a buyer during bankruptcy proceedings. The ...