News

The fast-food burger chain sector is facing an array of issues that has led to dozens of restaurant closings and several ...
A large Burger King franchisee with dozens of locations in Florida and Georgia has filed for bankruptcy. Does that mean they're closing restaurants?
Related: Key toilet paper brand files Chapter 11 bankruptcy. The last few weeks for a retail chain that's going out of ...
This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case.
A bath tissue and paper product company has filed for Chapter 11 bankruptcy protection. Parade reports that Royal Paper, a ...
A large supplier of paper goods sold at nationwide chains has declared bankruptcy.Royal Paper has filed for Chapter 11 ...
Intends to use Proceedings to Conduct a Value-Maximizing Sale Process and Resolve LiabilitiesCompany Expects to Continue Business Operations in ...
A buyer group comprised of two existing Hooters franchisees has agreed to acquire and operate certain Company-owned Hooters locations, the company said in a press release. At the end of the Chapter 11 ...
It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to franchisee-owned locations.
The days are numbered for seven JCPenney stores in the U.S. slated for closure, while an eighth store has gotten a slight reprieve.
Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes as the chain seeks to sell its company-owned ...