This move comes months after creditors pushed for it to pay $1.3 billion in debt, and marks the first major restaurant ...
The brand's customers in eight states discovered their local restaurants had suddenly shuttered as parent company FAT Brands ...
Over 100 locations have closed, and the chain may not survive as bankruptcy drives further cutbacks.
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FAT Brands faces looming Chapter 11 bankruptcy
Companies often file for bankruptcy not because they're not cash flow positive, but because they can't generate the cash needed to service their debt. In many cases, if you took that debt away, the ...
Stoli vodka and Kentucky Owl bourbon makers face potential asset liquidation as creditors push to convert Chapter 11 ...
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Another fast-food franchisee files for Chapter 11 bankruptcy. Will any of its restaurants close?
Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons. A major fast-food franchisee has filed for Chapter 11 bankruptcy ...
A nationwide candy distributor filed for Chapter 11 bankruptcy a week before Halloween to deal with its debt woes. CandyWarehouse.com filed for bankruptcy in the U.S. Bankruptcy Court for the Northern ...
Miami-based Popeyes Louisiana Kitchen restaurant franchisee Sailormen Inc. filed for Chapter 11 protection on Jan. 15. Here's what to know.
A major convenience store operator has filed for Chapter 11, reflecting financial pressures and shifting consumer habits in the retail and gas store sector.
A Chapter 11 protection will allow the company to halt the immediate liquidation of its assets while meeting certain goals to ...
Provisions in chapter 11 plans releasing non-debtors from liability for pre-bankruptcy conduct in exchange for funding for plan distributions, and provisions exculpating estate fiduciaries and other ...
A major operator of sports bar and BBQ concepts files for Chapter 11 to reduce debt and continue running its portfolio of ...
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