The automotive aftermarket sector has faced a flurry of bankruptcy filings despite some firms in the industry experiencing an ...

The fast-food burger chain sector is facing an array of issues that has led to dozens of restaurant closings and several ...

A major U.S. manufacturer of bath tissue and other tissue paper products sold at Aldi filed for Chapter 11 bankruptcy with ...

A large Burger King franchisee with dozens of locations in Florida and Georgia has filed for bankruptcy. Does that mean they're closing restaurants?

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case.

New data shows a double-digit rise in bankruptcies, with signs of growing pressure on businesses and households alike.

It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to franchisee-owned locations.

Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.

A buyer group comprised of two existing Hooters franchisees has agreed to acquire and operate certain Company-owned Hooters locations, the company said in a press release. At the end of the Chapter 11 ...

Intends to use Proceedings to Conduct a Value-Maximizing Sale Process and Resolve LiabilitiesCompany Expects to Continue Business Operations in ...

The days are numbered for seven JCPenney stores in the U.S. slated for closure, while an eighth store has gotten a slight reprieve.

Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes as the chain seeks to sell its company-owned ...