Red Lobster exits Chapter 11 bankruptcy protection - ABC7 News
WEB3 days ago · The Red Lobster seafood restaurant chain will soon exit from Chapter 11 bankruptcy protection after a judge approved a lender group sale on Thursday.
Iconic Tupperware Brands seeks Chapter 11 bankruptcy - AP News
WEB4 days ago · Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers, said it was seeking Chapter 11 bankruptcy protection after struggling to revitalize its core business and failing to …
Iconic Tupperware Brands seeks Chapter 11 bankruptcy - ABC News
WEB5 days ago · Orlando, Florida-based Tupperware plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company ...
Big Lots files for bankruptcy | CNN Business
WEBSep 9, 2024 · Chapter 11 is useful for Big Lots because “it gives a debtor leverage in negotiations and allows a company to renegotiate and reject burdensome leases and contracts, which are often a major...
WeWork cleared to exit bankruptcy and slash $4 billion in debt
WEBMay 30, 2024 · A U.S. bankruptcy judge on Thursday approved WeWork's Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand the company's equity over...
ANALYSIS: Six Trends in the Latest Chapter 11 Wave - Bloomberg Law News
WEBJun 26, 2023 · Chapter 11 filings are up, promising steady work for bankruptcy and restructuring attorneys for quite a while. I’ve taken a look at Chapter 11 bankruptcy cases that have been filed since the beginning of the year, and have identified six trends that make this latest wave unique.
Repeat Chapter 11 Filers Dominate 2023 Bankruptcy Landscape
WEBJan 10, 2024 · Struggling companies seeking bankruptcy turned 2023 into one of the biggest years for repeat Chapter 11 filers, suggesting many didn’t make the necessary cuts or business changes to successfully revive themselves the first time around.
Big Lots files for Chapter 11 bankruptcy protection | AP News
WEBSep 9, 2024 · Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales. The Columbus, Ohio-based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management.
J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby …
WEB2 days ago · J&J called the vote before putting the unit in bankruptcy in hopes of speeding up its Chapter 11 case and overcoming flaws in two earlier attempts.
J&J Unit Seeks Chapter 11 For Third Time Over Baby Powder (2)
WEB2 days ago · J&J has been preparing for the unit’s third bankruptcy attempt for months, including moving another unit to Texas, where state law allows companies to assign liability from mass tort cases to subsidiaries that then file for bankruptcy.