The bankruptcy filing comes as the fast-food industry grapples with persistent challenges, including higher labor and food costs, elevated interest rates on borrowing, and a post-pandemic slowdown in ...

One location will shut down as the chain’s future remains unclear.

In a document submitted on March 6, Hronis Inc. reports liabilities ranging between $50 million and $100 million.

Houston-based Nine Energy Service says it has completed a financial restructuring, cutting $320 million in debt as it emerges from Chapter 11 bankruptcy.

Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

Luxury movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy reorganization, vowing to try to return to ...

If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I have good news: there are real, practical pathways to resolve these ...

Ipic bankruptcy filing was made within a month of the Academy Awards, which takes place March 15 and celebrates film and the movie-going experience.

Cumulus Media, one of the largest radio broadcasting companies in the United States, has filed for Chapter 11 bankruptcy protection as part of a plan to reduce ...

The company will continue serving customers, but its future is now uncertain.

Reston-based higher education tech company Ellucian announced it had completed its acquisition of Anthology‘s Student Information Systems (SIS) and Enterprise Resource Planning (ERP) business through ...

While beer, wine, and liquor sales have dropped, which has led to many bankruptcies in the space over the past few years, ...