Anyone who has dreamed of overnight riches has probably bought a few Mega Millions or Powerball tickets. Even knowing the ...

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

Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter 11 bankruptcy protection. In an announcement ...

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

Those who have supported the Madison manufacturer said the bankruptcy was unfortunate, but not unexpected, and are cautiously ...

A buyer group comprised of two existing Hooters franchisees has agreed to acquire and operate certain Company-owned Hooters ...

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

Hooters announced on Monday that it has filed for Chapter 11 bankruptcy — but that doesn't necessarily mean it's going out of business. In a press release published on Monday night, the iconic ...

The company said it plans to exit Chapter 11 bankruptcy in "approximately 90-120 days." "Today's announcement marks an important milestone in our efforts to reinforce Hooters' financial foundation ...

The corporate parent of the restaurant chain known for its skimpy waitstaff outfits says it can sort out its beleaguered ...

Portland distiller Westward Whiskey filed for Chapter 11 bankruptcy protection earlier this week, Thomas Mooney, Westward’s founder and CEO, wrote in an April 9 email to club members.