The restaurant sector has faced declining sales and customer traffic in recent months, based on data from the National Restaurant Association, which has led operators to close locations and, in some ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

Saks Global Enterprises has filed for Chapter 11 bankruptcy protection, barely a year after its $2.7B takeover of Neiman Marcus saddled it with a substantial debt load, marking one of the largest ...

STG Logistics Inc., one of the largest firms in the nation’s logistics industry, filed for Chapter 11 bankruptcy protection Jan. 12. At the same time, STG also said it entered into a restructuring ...

STG Logistics expects to emerge from bankruptcy in approximately five months. (Photo: Shutterstock/Around the World Photos) The nation’s fourth-largest asset-based intermodal marketing company, STG ...

Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon as Sunday, according to people familiar with the matter. The company is ...

Washington, D.C.-based Compass Coffee has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Columbia. Compass Coffee was founded in 2014 by two former U.S. Marines, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company plans to keep its ...

New agreement covers 40 firm orders and options for 120 more of the super-midsize jets Charter & Fractional ...

Lidar maker Luminar Technologies Inc. today filed for Chapter 11 bankruptcy protection amid mounting debt pressures and slower-than-expected adoption of its autonomous vehicle technologies. The ...

The owner of six continuing care retirement / life plan communities in Pennsylvania has filed for Chapter 11 bankruptcy “to strengthen the foundation of the organization” after closing its home care ...