Tags: Bankruptcy

Azul Airlines Receives US Court Approval, Expects Chapter 11 Exit

Azul Airlines Receives US Court Approval, Expects Chapter 11 Exit by February

Azul Airlines gets U.S. court approval for Chapter 11 plan, cutting $2B debt and planning exit by February.


American Airlines Joins Spirit Bankruptcy Case to Receive All Filings

American Airlines moves to receive all filings in Spirit's bankruptcy case as the struggling carrier explores possible merger or sale options.

Dairy Queen Rival Bankruptcy Shocks Customers: Closing Fears Hit Low-Income Areas With Packed Locations

Dairy Queen rival's franchisee files for bankruptcy, fuelling fears of store closures in low-income communities where packed locations offer affordable jobs and treats.

First Brands Bankruptcy Deepens as CEO Resigns, Billions in Funds Untraceable

First Brands CEO resigns amid bankruptcy as $2.3 billion in company funds remain unaccounted for.


Latest News

Spirit Airlines to Cut Service in 12 Cities After Second
Spirit Airlines will end service in 12 cities after filing for bankruptcy a second time in less than a year.
Spirit Airlines Files for Bankruptcy Again Just Months After Rebound
Spirit Airlines files for bankruptcy again just months after exiting Chapter 11, citing ongoing financial struggles and weak travel demand.
Childhood Favorite Claire’s to Close Nearly 300 Stores After Bankruptcy
Claire's is closing nearly 300 stores across the U.S. following bankruptcy, marking the end of an era for a beloved childhood retailer.
Spirit Airlines Warns of Possible Collapse Just 5 Months After
Spirit Airlines warns of possible collapse just months after bankruptcy amid weak demand and cash troubles.
Claire’s Faces Massive Closures Amid Bankruptcy, Seeks Buyer for 800
Claire's files for bankruptcy again, plans to close over 1,100 stores unless a buyer is found for 800 locations.
At Home Keeps Two Stores Open as Bankruptcy Restructuring Unfolds
At Home keeps two store locations open after bankruptcy filing, adjusting its original closure plans.
138-Year-Old Food Giant Del Monte Files Chapter 11 Amid Shifting
Del Monte Foods files for Chapter 11 bankruptcy amid shifting consumer trends and declining demand for canned goods.
At Home Files for Bankruptcy, Set to Close 26 Stores
At Home files for bankruptcy and will close 26 underperforming stores across the U.S. by fall 2025.
Anne Wojcicki Regains Control of 23andMe After $305 Million Bankruptcy
Anne Wojcicki regains control of 23andMe with a $305M bid, promising stronger privacy protections and a nonprofit future.
States Challenge 23andMe Over Genetic Data Sale in Bankruptcy Deal
States sue to halt Regeneron's 23andMe acquisition, citing privacy concerns over user DNA data, as a court-ordered report on the deal's impact looms.
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