bankruptcy

Bouncing Back From Bankruptcy: How Businesses Can Rebuild After Filing

134-Year-Old Home Goods Retailer Conn’s Files for Bankruptcy, to Close Over 70 US Stores

The company said it had assets and liabilities worth between $1 billion to $10 billion.

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RedBox

RedBox Owner Chicken Soup for the Soul Entertainment Files for Bankruptcy, Reporting $970 Million Debt

Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy, disclosing $970 million in debt.

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Bankruptcy Rules for Small Businesses Get Tighter After US Law Expires

Bankruptcy Rules for Small Businesses Get Tighter After US Law Expires

The expiration of a popular US law on Friday has tightened bankruptcy rules for mid-sized and small businesses.

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Rite Aid

Rite Aid to Close 27 US Outlets as Drugstore Chain Faces Federal Bankruptcy

Rite Aid is closing more than 20 US stores, according to court documents filed this week in its federal bankruptcy case.

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Spirit Airlines Announces Its Furloughing Over 250 Pilots, And Deferring Delivery Of New Aircraft

Spirit Airlines CEO Denies Bankruptcy Plans Amid Market Struggles

Spirit Airlines CEO reassured that they are not considering Chapter 11 bankruptcy following the collapse of its acquisition by JetBlue Airways.

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Red Lobster Abruptly Closes Many Locations

Red Lobster Goes Bankrupt After $20 Unlimited Shrimp Offer Backfires

Red Lobster has filed for Chapter 11 bankruptcy protection, citing high operational costs and an unprofitable unlimited shrimp promotion. It plans to transfer control to its lenders with $100 million in financing from Fortress Investment Group.

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Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.

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Air Vanuatu Files for Bankruptcy Protection After Canceling All International Flights, Leaving Thousands of Tourists Stranded

Air Vanuatu Files for Bankruptcy Protection After Canceling All International Flights, Leaving Thousands of Tourists Stranded

Air Vanuatu has filed for bankruptcy protection after it canceled all its international flights, which left thousands of passengers stranded.

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FTX

FTX Bankruptcy: Refunds Expected for Most Customers, Excludes Crypto Gains

The plan, pending court approval, details that almost all customers will be reimbursed the funds they are owed, with some receiving amounts exceeding their original claims.

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SHARON LAWRENCE AT COPS & LOBSTERS BENEFIT

Former Seafood Giant Red Lobster Nears Bankruptcy Due To Declining Sales and Mismanagement

Red Lobster, which used to be a seafood giant, is on the brink of bankruptcy due to managerial missteps that started in 2003 with no recovery decades later.

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Joann Fabrics Files for Chapter 11 Bankruptcy, Pledges to Keep Stores Open Amid Financial Turmoil

Joann Fabrics, a stalwart in the industry for 80 years, faces bankruptcy due to overwhelming debt. However, with new financing, it aims for a swift restructuring to maintain operations.

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Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy

Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.

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2 Sundance Film Festival Theaters in Utah Are at Risk of Closure After Their Owner Declared Bankruptcy

The future of two prominent venues of the Sundance Film Festival in Utah hangs in the balance as their owner, Metropolitan Theaters Corporation, filed for Chapter 11 bankruptcy.

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Regions Center Owners Declares Chapter 11 Bankruptcy

Regions Center Owners File for Chapter 11 Bankruptcy

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Nick Denton Living the Life Despite of Bankruptcy

Nick Denton is still living a lavish life and wont stop him by doing so even though he filed for bankruptcy because of wrestler Hulk Hogan.

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