Restaurant chain TGI Fridays files Chapter 11 bankruptcy in US
TGI Fridays Inc, the owner and operator of the TGI Friday’s casual dining chain, on 2 November filed voluntary petitions...
Chapter 11
Tupperware files for Chapter 11 bankruptcy
The once-popular Tupperware brand, synonymous with colorful, airtight food storage containers, has filed for bankruptcy protection. The company, whose sales...
Ebix Inc files for Chapter 11 bankruptcy; sells North America insurance biz to raise fund
Ebix, Inc. (NASDAQ: EBIX), a leading provider of on-demand software and e-commerce services for insurance, finance, and travel industries, has...
Crypto lender Celsius Network cleared to exit bankruptcy
Celsius Network, a crypto lender, has received approval from a US bankruptcy court for a restructuring plan that will return...
Commercial bankruptcy filings in US increase 61% in first 9 mnths of 2023
Commercial bankruptcies in the United States increased 61% in the first nine months of 2023, compared to the same period...
Commercial Chapter 11 bankruptcies in US up 54% in August
There were 634 commercial chapter 11 filings registered in August 2023, an increase of 54% the 411 filings registered in...
US-based Vice Media files for bankruptcy
Vice Media, once a rising star in the digital media industry, has encountered significant setbacks and filed for Chapter 11...
Small business bankruptcy filings in US under Subchapter V up 81% in April 2023
There was an 81% increase in bankruptcy filings by small businesses, which is captured as subchapter V elections within chapter...
Retailer Bed, Bath & Beyond files Chapter 11 bankruptcy in US Court
Bed Bath & Beyond Inc, the Nasdaq-listed retailer on Sunday announced that it and certain of its subsidiaries filed voluntary petitions...
Chapter 7, 11, 13…all about US insolvency laws
There are several different chapters of the US Bankruptcy Code, each of which provides a different type of relief to...