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bankruptcy

  • Party City Going Out of Business After Nearly 40 Years
    Party City Going Out of Business After Nearly 40 Years
    The company would start a wind down of its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide.
    December 22, 2024BY Rachel Acenas
  • Chi-Chi’s Plans New Restaurants More Than 20 Years After Its Bankruptcy
    Chi-Chi’s Plans New Restaurants More Than 20 Years After Its Bankruptcy
    Chi-Chi’s is making a comeback. The Mexican chain said this week that it plans to open some new ...
    December 6, 2024BY The Associated Press
  • Low-Cost Carrier Spirit Airlines Files for Bankruptcy | Business Matters (Nov. 18)
    Low-Cost Carrier Spirit Airlines Files for Bankruptcy | Business Matters (Nov. 18)
    Spirit Airlines filed for bankruptcy protection on Monday, after struggling with a long run of quarterly losses, a ...
    November 18, 2024BY Don Ma
  • Trump Proposes US Sovereign Wealth Fund | Business Matters (Sept. 9)
    Trump Proposes US Sovereign Wealth Fund | Business Matters (Sept. 9)
    At the Economic Club of New York last week, former President Donald Trump proposed creating a U.S. sovereign ...
    September 9, 2024BY Don Ma
  • Red Lobster Announces Exit of Chapter 11 Bankruptcy, Will Operate 544 Locations
    Red Lobster Announces Exit of Chapter 11 Bankruptcy, Will Operate 544 Locations
    Popular seafood chain Red Lobster will soon exit Chapter 11 bankruptcy after a recent court approval and be ...
    September 6, 2024BY Rudy Blalock
  • LL Flooring Files for Bankruptcy, Will Shut 94 Stores Nationwide
    LL Flooring Files for Bankruptcy, Will Shut 94 Stores Nationwide
    The company faced challenges after the housing market boom fueled by the COVID-19 pandemic ebbed.
    August 12, 2024BY Naveen Athrappully
  • Italian Restaurant Chain Buca di Beppo Files for Bankruptcy
    Italian Restaurant Chain Buca di Beppo Files for Bankruptcy
    Buca di Beppo, a popular family-style Italian dining brand, announced its decision to voluntarily file for reorganization under ...
    August 7, 2024BY Chase Smith
  • Senate Panel Subpoenas CEO of Steward Health Care in Bankruptcy Probe
    Senate Panel Subpoenas CEO of Steward Health Care in Bankruptcy Probe
    WASHINGTON—Senators voted on July 25 to authorize an investigation into Steward Medical Group and subpoena testimony from its ...
    July 31, 2024BY Stacy Robinson
  • Will Filing for Bankruptcy Affect Your Retirement Savings?
    Will Filing for Bankruptcy Affect Your Retirement Savings?
    When you declare bankruptcy, many of your assets may be up for grabs by the court. The difference ...
    July 5, 2024BY Mike Valles
  • The Pros and Cons of Filing for Bankruptcy
    The Pros and Cons of Filing for Bankruptcy
    Lately, your monthly payments eat up almost everything in your paycheck. You’ve had to deplete your savings, and ...
    July 2, 2024BY Rodd Mann
  • Rue21 Files for Bankruptcy, Closing Over 540 Stores
    Rue21 Files for Bankruptcy, Closing Over 540 Stores
    The company announced a ‘going out of business’ sale, offering items at a 30-50 percent discount.
    May 5, 2024BY Naveen Athrappully
  • Rudy Giuliani May Be Forced to Sell His Homes to Pay $148 Million Election Case Judgment
    Rudy Giuliani May Be Forced to Sell His Homes to Pay $148 Million Election Case Judgment
    Former Trump attorney Rudy Giuliani could be forced to sell his New York and Florida homes to cover ...
    March 13, 2024BY Tom Ozimek
  • Facts About Credit Scores and Foreclosures
    Facts About Credit Scores and Foreclosures
    In 2023, foreclosures were up 10 percent from 2022 and 136 percent from 2021. According to the U.S. ...
    February 27, 2024BY Anne Johnson
  • Bad Boy Furniture Warehouse Fails to File Proposal, Is Deemed Bankrupt
    Bad Boy Furniture Warehouse Fails to File Proposal, Is Deemed Bankrupt
    Toronto-area furniture retailer Bad Boy Furniture Warehouse Ltd. is officially bankrupt. In November, the company filed a notice ...
    January 25, 2024BY The Canadian Press
  • Bankman-Fried’s FTX to Get Bankruptcy Examiner to Probe Collapse: US Appeals Court
    Bankman-Fried’s FTX to Get Bankruptcy Examiner to Probe Collapse: US Appeals Court
    A federal appeals court on Friday ordered the appointment of an independent bankruptcy examiner to investigate the Nov. ...
    January 20, 2024BY Reuters
  • Supreme Court Skeptical of Bankrupt Company’s Demand for Court Fee Refund
    Supreme Court Skeptical of Bankrupt Company’s Demand for Court Fee Refund
    Ruling for the company would force taxpayers to pay for $326 million in refunds, the government argues.
    January 10, 2024BY Matthew Vadum
  • Former NYC Mayor Rudy Giuliani Declares Bankruptcy After $148 Million Defamation Judgement | Capitol Report
    Former NYC Mayor Rudy Giuliani Declares Bankruptcy After $148 Million Defamation Judgement | Capitol Report
    Former Trump attorney Rudy Giuliani is now bankrupt. What are his lawyers saying about the $148 million in ...
    December 21, 2023BY Steve Lance
  • Rudy Giuliani Files for Bankruptcy After Being Ordered to Pay $148 Million to Former Election Workers
    Rudy Giuliani Files for Bankruptcy After Being Ordered to Pay $148 Million to Former Election Workers
    Rudy Giuliani has filed for bankruptcy protection after a judge ordered him to immediately pay $148 million to ...
    December 21, 2023BY Tom Ozimek
  • Miss Universe Decision to Allow Transgender Contestants Played Role in Bankruptcy: Former Judge
    Miss Universe Decision to Allow Transgender Contestants Played Role in Bankruptcy: Former Judge
    A former Miss Universe judge has claimed the company likely filed for bankruptcy in part owing to the ...
    November 21, 2023BY Katabella Roberts
  • Miss Universe Owner Files for Bankruptcy Days Before Transgender Contestants Are Set to Participate in Pageant
    Miss Universe Owner Files for Bankruptcy Days Before Transgender Contestants Are Set to Participate in Pageant
    JKN Global Group, the Thai owner of the Miss Universe pageant, has filed for bankruptcy one year after ...
    November 15, 2023BY Katabella Roberts
  • WeWork: The Long Slide Into Bankruptcy
    WeWork: The Long Slide Into Bankruptcy
    Commentary WeWork's bankruptcy filing is a cautionary tale about the perils of overvaluation, questionable assumptions on profitability, and ...
    November 14, 2023BY Chadwick Hagan
  • Workspace Giant WeWork Files for Bankruptcy
    Workspace Giant WeWork Files for Bankruptcy
    The announcement comes after the company warned of 'substantial doubt' over continued operations.
    November 7, 2023BY Katabella Roberts
  • Cities Face Bankruptcy as Sanctuary Policies Trigger States of Emergency
    Cities Face Bankruptcy as Sanctuary Policies Trigger States of Emergency
    New York City and other hot spots in the United States for mass illegal immigration are leading to ...
    October 24, 2023BY Joshua Philipp
  • Rite Aid to Close 31 California Stores, 154 Nationally
    Rite Aid to Close 31 California Stores, 154 Nationally
    The drugstore chain, one of the largest pharmacy retailers in the U.S., filed for Chapter 11 bankruptcy protection.
    October 18, 2023BY Jill McLaughlin
  • Supreme Court to Review Insurer’s Asbestos Dispute
    Supreme Court to Review Insurer’s Asbestos Dispute
    An insurer is disputing a 4th Circuit ruling that it lacks legal standing to challenge a bankruptcy plan ...
    October 13, 2023BY Matthew Vadum
  • Does Positive Thinking Always Lead to Success?
    Does Positive Thinking Always Lead to Success?
    “The business world is filled with self-described experts, gurus, and influencers who promise success through manifestation," Dr. Lucas ...
    September 25, 2023BY Irina Antonova
  • Government Appoints Commissioners to Take Over ‘Bankrupt’ Birmingham Council
    Government Appoints Commissioners to Take Over ‘Bankrupt’ Birmingham Council
    Mr. Gove tells House of Commons a local inquiry will be launched in 'due course' to understand how ...
    September 19, 2023BY Evgenia Filimianova
TOP NEWS
  • Kalshi Ends Advisory Role With Donald Trump Jr. After His Firm Invests in Polymarket
    NEW By Kimberly Hayek
    Kalshi Ends Advisory Role With Donald Trump Jr. After His Firm Invests in Polymarket
  • Millions Affected Worldwide as Microsoft Services Hit
    NEW By Chris Summers
    Millions Affected Worldwide as Microsoft Services Hit
  • RFK Jr. Announces Funding to Study Ibogaine Psychedelic Drug
    1hr By Zachary Stieber
    RFK Jr. Announces Funding to Study Ibogaine Psychedelic Drug
  • 10 Midterm House Races That Surprised Some Observers
    3hr By Joseph Lord
    10 Midterm House Races That Surprised Some Observers
  • DOJ Announces 354 Arrests in Global Dark Web Drug Crackdown
    4hr By Jacki Thrapp
    DOJ Announces 354 Arrests in Global Dark Web Drug Crackdown
  • Why Most Americans Couldn’t Last 72 Hours in an Emergency
    4hr By Russ Jones
    Why Most Americans Couldn’t Last 72 Hours in an Emergency
  • Beijing Uses Monitoring Hubs in US to Police Chinese Diaspora, Report Says
    4hr By Frank Fang
    Beijing Uses Monitoring Hubs in US to Police Chinese Diaspora, Report Says
  • US Returns $12 Billion Collected From Venezuela’s Oil Sales This Year
    9hr By Jill McLaughlin
    US Returns $12 Billion Collected From Venezuela’s Oil Sales This Year
  • Senate Banking Chair Asks Ex-Nvidia CEO Huang, Commerce Chief Lutnick to Testify
    9hr By Kimberly Hayek
    Senate Banking Chair Asks Ex-Nvidia CEO Huang, Commerce Chief Lutnick to Testify
  • Van Hollen Challenges Schumer for Senate Majority Leader
    11hr By Joseph Lord
    Van Hollen Challenges Schumer for Senate Majority Leader
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