It lost $150 million in 2024 alone, and was projected to lose approximately $180 million in 2025, according to documents filed in a Wilmington, Delaware bankruptcy court. Founded in Los Angeles in ...

Forever 21’s U.S. operating company filed for Chapter 11 bankruptcy over the weekend and will seek to sell all or some of its assets, according to court documents. The filing marks the company ...

Hooters of America is working with creditors on a plan to restructure the business through bankruptcy court in the coming months, according to people with knowledge of the arrangements.

Hooters of America is working with creditors on a plan to restructure the business through bankruptcy court in the coming months, according to people with knowledge of the arrangements. The casual ...

If you’re going to a public taxpayer-funded bankruptcy court to try to erase your debt, that process generally will be public and transparent to ensure fairness and confidence in the system.

Also see: Forever 21 laying off 358 employees as it closes L.A. headquarters About a week before the auction, a bankruptcy court approved to shut down more than 500 Joann stores as part of an ...

A popular beauty brand has filed for Chapter 11 bankruptcy. The Street reports the parent company of cosmetics company SBLA Beauty issued a filing in U.S. Bankruptcy Court on March 11 to ...

Jan. 8, 2025. David Paul Morris/Bloomberg via Getty Images, FILE As part of this agreement -- pending approval from the Bankruptcy Court -- the new owners intend to close down the company's ...

The restructuring was approved by a “supermajority” of creditors and was validated on February 20 by a US bankruptcy court in New York, Spirit said, in a statement posted on the website of the ...

On the Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy protection this week after closing dozens of restaurants last month, court documents show. At the time of filing, On the ...