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

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 ...

The CEO of a popular restaurant chain's parent companies plans to step down amid its bankruptcy and sale.

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

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

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 ...

According to documents filed over the past few days, as part of bankruptcy proceedings, Diamond Comic Distributors has sought approval from the United States Bankruptcy Court for interim and final ...

The Education and Justice Department released new data on the bankruptcy process for student-loan borrowers. It found that 588 new cases were filed from October 2023 to March, a 36% increase from the ...