The sports bar chain Twin Peaks, known for its skimpy uniforms as well as its chicken wings, says that "industry headwinds" ...

A century-old, family-owned Chicago candy manufacturer filed for Chapter 11 bankruptcy protection Tuesday, seeking to keep ...

FAT Brands Inc. , the parent company of restaurant chains including Fatburger, Twin Peaks, Johnny Rockets, and Round Table ...

The company has approximately 115 locations across 27 states and Mexico, including restaurants in Hoover and Huntsville.

FAT Brands is planning to restructure the business and deleverage its balance sheet through this Chapter 11 bankruptcy filing.

The restaurant sector has faced declining sales and customer traffic in recent months, based on data from the National Restaurant Association, which has led operators to close locations and, in some ...

FAT Brands Inc., the California-based restaurant conglomerate that has owned Fazoli’s since 2021, has filed for Chapter 11 ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

The owner of two defunct regional airlines files for Chapter 11 bankruptcy.

Sometimes a Chapter 11 filing allows a company to pause its debts, stop collection efforts, and buy time to negotiate with ...

The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over a ...

Stoli vodka and Kentucky Owl bourbon makers face potential asset liquidation as creditors push to convert Chapter 11 ...