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Mitel Networks filed for bankruptcy on Monday after continued financial struggles despite a debt deal in 2022, which led to creditor infighting. Mitel, owned by private-equity firm Searchlight ...

With a major sales decline and mounting debt, a bankruptcy filing seemed inevitable.” One of the most alarming issues leading to the filing was Hudson’s Bay’s reported inability to secure financing.

March 10 (Reuters) - Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to complete a restructuring that will eliminate $1.15 ...

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The department store company, which also runs Saks Fifth Avenue and Saks Off 5th stores in Canada, will exit the process with a smaller footprint. The retailer, which operates 80 Hudson’s Bay ...

is set to close as many as 200 stores as rumors that the company may file for bankruptcy swirl. A source tells PEOPLE that if a Chapter 11 restructuring is filed it would only affect "Forever 21 ...

Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people familiar with the matter said. The chain became a stand-alone ...

ATLANTA — On The Border, the Tex-Mex restaurant chain known for its sizzling fajitas and margaritas, has filed for Chapter 11 bankruptcy as it seeks to restructure and sell its assets ...

The Wall Street Journal reported earlier on the company’s bankruptcy plans. Last year, the retailer separated into a standalone entity, after parent Hudson’s Bay Co. agreed to buy United States ...

On the Border Mexican Grill & Cantina filed for bankruptcy protection this week as it struggled to compete in the macroeconomic environment. The Tex-Mex chain, owned by Argonne Capital Group ...