The company and all involved parties agreed that Andy Wiederhorn will step back until the bankruptcy proceedings and possible ...

The franchise operator’s board members will also resign while members of Wiederhorn’s family are leaving the company as part ...

Creditors are seeking a Chapter 7-style liquidation, putting some iconic restaurants at risk of closure during ongoing ...

From diminishing marketing support to a sale of assets, operators could see changes that impact operations as the Fatburger ...

FAT Brands Inc. may soon be under new ownership as the company prepares to sell all or part of its assets following its ...

From retail to restaurants, prices are rising, and it’s hard for customers to keep up. People are going out to eat less, or they’re choosing cheaper restaurants when they do. That’s taken a toll on ...

Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, ...

In this exclusive interview, Lutheran Life CEO Sloan Bentley shares the story of the organization’s bankruptcy and lessons that may be helpful to other providers. Sloan Bentley could see the writing ...

Emerson Equity has been to turn over documents to private equity firm Inspired Healthcare Capital related to Inspired’s bankruptcy petition.