A leading restaurant franchisee has filed for Chapter 11 bankruptcy as thousands of U.S. locations have closed in recent ...

The restructuring plan is expected to eliminate $320 million of debt and reduce interest expenses.

​Nine Energy Service, Inc., an oilfield services business files for Chapter 11 bankruptcy with a prepackaged plan.

Missed obligations and lenders’ demands for immediate repayment have pushed Beverly Hills-based franchiser Fat Brands Inc. and its affiliate, Twin ...

Male cafe owner making accounting records in a coffee shop The Business Journals Leadership Trust By Lamar Hawkins, Attorney Guidant Law, PLC D. Lamar Hawkins, an attorney with Guidant Law Firm, ...

If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I have good news: there ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

Reston-based higher education tech company Ellucian announced it had completed its acquisition of Anthology‘s Student Information Systems (SIS) and Enterprise Resource Planning (ERP) business through ...

No one sets out in business to fail, but despite our best efforts, this sometimes occurs. The reasons are multiple and varied: Sometimes there is a change in the industry and the business has not been ...

Twin Hospitality develops and operates the specialty casual dining restaurant concepts, Twin Peaks and Smokey Bones. Throughout the chapter 11 process, Twin Hospitality expects the brands will remain ...

Under the terms of the proposed restructuring, Pretium’s total funded debt is set to decrease by more than $900m.