Vendors, landlords, and other creditors often feel a sense of security when doing business with Chapter 11 debtors. The ...

Fashion retailer Forever 21 may have to turn to Chapter 11 administration again if it fails to find a buyer for profitable leases, according to the latest reports.

has completed its Chapter 11 restructuring process, emerging as a private company, ICD said Jan. 20. The U.S.-based onshore contract driller eliminated more than $197 million of convertible debt in ...

Spirit Airlines announced it will cut 200 jobs in an effort to reduce costs after filing for bankruptcy in November. The airlines filed for Chapter 11 bankruptcy protection due to challenges with ...

Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...

is pursuing Chapter 11 reorganization. It listed $100 million to $500 million in assets and liabilities, according to property and court records. It filed for bankruptcy on Wednesday, the same day ...

A national fabrics and crafts retailer is filing for bankruptcy for the second time within a year. Joann filed for Chapter 11 again on Wednesday, according to CNN, citing struggling sales and ...

Once popular craft retailer JOANN Fabrics filed for Chapter 11 bankruptcy earlier this week — marking its second time doing so in the last 10 months. The company first filed for bankruptcy in ...

Former TGI Fridays CEO Ray Blanchette, 58, is taking over management of the remaining restaurants as the once-popular fast-casual chain works through Chapter 11 bankruptcy proceedings. This follows ...

The retailer emerged from a previous Chapter 11 bankruptcy process last April after eliminating $505 million in debt. Now, with $615 million in liabilities, the company will begin a court ...

Joann Fabrics has once again filed for Chapter 11 bankruptcy protection and said it would try to sell the business. “The company is seeking court approval to begin a process for the sale of ...