The bookstore retail sector has shrunk significantly over the last 25 years as Amazon and other online sales decimated ...
The Chapter 11 approach by JOANN puts it in the same curious limbo as another Ohio-based retailer with a lot of stores in the ...
Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after ...
Low-cost airline Spirit Airlines was the most prominent airline to file bankruptcy as it filed its Chapter 11 petition on Nov ...
The former CEO and CFO "concluded their respective tenures" when the company completed its financial restructuring.
A Jan. 21 news release highlighted efforts the company is making to rebound, like its recipe partnership with a Mexican ...
Independence Contract Drilling eliminated more than $197 million of convertible debt in the restructuring process.
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
Books Inc. announced on its website that it filed a voluntary petition for reorganization under Chapter 11 in U.S. Bankruptcy Court for the Northern District of California.
Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...
Vertex Energy has emerged as a privately held company after emerging from Chapter 11 bankruptcy. The company company filed for protections in 2024 after spending on equipment ...
Northvolt filed for restructuring under the American chapter 11 process. In December, negotiations began in a court in Texas, ...