#bankruptcy

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Cannabis
fromsfist.com
1 day ago

Vacant Haight Street Dispensary Space Now Home to Once-Bankrupt Marijuana Company Eaze

Eaze reopened a Haight Street dispensary at 1685 Haight after bankruptcy, occupying a location formerly known as Berner's/Blaze and reflecting cannabis industry volatility.
#spirit-airlines
Business
fromThe Mercury News
4 days ago

Pinstripes in Walnut Creek closes permanently less than a year after opening

Pinstripes in Walnut Creek permanently closed less than one year after opening as parent company filed Chapter 11 and plans multiple location closures while seeking buyers.
fromABC7 San Francisco
4 days ago

Pinstripes bowling alley and restaurant closes Walnut Creek location less than a year after opening

WALNUT CREEK, Calif. (KGO) -- The bowling alley and restaurant Pinstripes in Walnut Creek has unexpectedly closed. It first opened on Main Street less than one year ago. The sign outside the location today says it is permanently closed. The business took to social media saying the company is voluntarily filing for Chapter 11 bankruptcy protection and closing some locations. Copyright © 2025 KGO-TV. All Rights Reserved. Top Stories
California
Food & drink
fromTasting Table
5 days ago

Popular Midwest 'Eatertainment' Chain Files For Bankruptcy - Tasting Table

Pinstripes filed for Chapter 11 bankruptcy and will keep operating while creditors pursue a debt-to-equity bid amid $143 million in overall debt and recent location closures.
#red-lobster
Music
fromLos Angeles Times
5 days ago

Damon Dash files for bankruptcy, says he is $25 million in debt: 'Let's get to work'

Damon Dash filed for Chapter 7 bankruptcy reporting $25.3 million in debt, no monthly income, and only $4,350 in assets.
#ponzi-scheme
fromFortune
4 weeks ago
US news

Miles 'Burt' Marshall, 73-year-old upstate New Yorker, indicted for alleged $95 million Ponzi scheme

fromFortune
4 weeks ago
US news

Miles 'Burt' Marshall, 73-year-old upstate New Yorker, indicted for alleged $95 million Ponzi scheme

fromThe Mercury News
1 week ago

Books Inc. finds buyer in effort to keep doors open

Barnes & Noble Booksellers, a retailer that itself has closed some stores, has emerged as the sole candidate to buy Books Inc., according to documents on file with the U.S. Bankruptcy Court. Barnes & Noble agreed to pay $3.25 million, according to a letter of intent dated July 7. The potential purchase appears to be an all-or-nothing gambit to survive, a court filing by Books Inc. Chief Executive Officer Andrew Perham indicates. Books Inc. filed for bankruptcy in January.
US news
Food & drink
fromTasting Table
1 week ago

This Once Popular Texas-Based Mexican Restaurant Chain Is Declaring Bankruptcy - Tasting Table

Abuelo's Mexican chain filed for bankruptcy after years of declining sales, rising costs, and multiple location closures across several states.
fromPadailypost
2 weeks ago

Two local crypto execs sentenced to prison

Daniel Schatt, 55, of San Mateo, and Joseph Podulka, 53, of Palo Alto, each pleaded guilty on May 13 to one count of wire fraud conspiracy in connection with their roles in defrauding customers of Cred, a San Francisco-based firm that provided financial services to holders of cryptocurrency and other assets. Schatt, who co-founded Cred, served as the CEO and Podulka served as the company's CFO.
Cryptocurrency
fromTechCrunch
2 weeks ago

The fall of EV startup Fisker: A comprehensive timeline | TechCrunch

Fisker cut production targets multiple times, failed to meet sales goals and laid off staff. What's more, its Ocean SUV was beset with software and mechanical issues, rendering it inoperable for some. Add troublesome brakes, sudden power loss and doors that wouldn't open to the list of issues that led to multiple safety investigations and ultimately a pause in production in order to raise new capital.
Startup companies
#retail
fromFast Company
2 weeks ago
Business

Claire's went from millennial rite of passage to Gen Alpha washout. But don't count out the mall icon yet

Toronto
fromwww.cbc.ca
1 month ago

Accessory retailer Claire's to seek creditor protection in Canada but stores will stay open | CBC News

Claire's Holdings LLC has filed for bankruptcy protection in the U.S. and plans to file in Canada.
E-Commerce
fromwww.ocregister.com
1 month ago

Claire's, known for piercing millions of teens' ears, files for Chapter 11, 2nd time since 2018

Claire's has filed for Chapter 11 bankruptcy protection due to substantial debt and a shift in consumer preference toward online shopping.
fromFast Company
2 weeks ago
Business

Claire's went from millennial rite of passage to Gen Alpha washout. But don't count out the mall icon yet

fromwww.cbc.ca
1 month ago
Toronto

Accessory retailer Claire's to seek creditor protection in Canada but stores will stay open | CBC News

Media industry
fromwww.theguardian.com
2 weeks ago

Vice Is Broke review epic levels of hubris on show in downfall of millennial media darling

Vice rose from a punk magazine to a $6bn media empire by selling cool to millennials, then collapsed into bankruptcy from hubris and lost authenticity.
US news
fromwww.mercurynews.com
3 weeks ago

Ronn Owens' daughter loses court bid in pregnancy scandal; must pay $200K

Arizona Supreme Court denied review, leaving a ruling that found Laura Owens' paternity claims false and ordered her to pay Clayton Echard's attorney fees.
Bicycling
fromBikeMag
3 weeks ago

Once-Booming Cycling Industry Now in Crisis: Another Brand Folds

7Anna Group, owner of NS Bikes and bike brands, filed for bankruptcy after distributor collapse, withheld bank funding, supplier bankruptcy, theft, and unpaid client shipments.
Miscellaneous
fromIndependent
3 weeks ago

Entrepreneur Illann Power takes legal challenge against prosecution for revenue and forgery offences

Illann Power, a US-based Carlow businessman and founder of Incubrands, has launched a High Court legal challenge against prosecution over nearly 90 alleged offences.
East Bay real estate
fromwww.mercurynews.com
3 weeks ago

Berkeley apartment owner facing loan foreclosure files for bankruptcy

The owner of a 97-unit Berkeley apartment complex filed Chapter 11 bankruptcy to delay foreclosure and auction after defaulting on a $28.3 million loan.
Bicycling
fromBikeMag
3 weeks ago

This Innovative MTB Brand Went Bankrupt in 2024, But Might Not Be Gone for Good

Pole Bicycles is selling discounted prototype frames to raise funds for brand revival after bankruptcy.
#brooklyn-mirage
fromwww.mercurynews.com
3 weeks ago

Ronn Owens declares bankruptcy amid controversy over daughter, GoFundMe plea

The couple filed for bankruptcy, revealing $2.3 million in liabilities, including $511,000 owed to over 40 creditors, despite Ronn Owens' lengthy career.
Fundraising
fromtherealdeal.com
3 weeks ago

Flagstar takes aim at Joel Wiener's portfolio management, valuations

Flagstar Bank has accused billionaire landlord Joel Wiener of mismanaging his properties and disputing the value appraisals, raising alarms over his financial dealings.
New York City
Food & drink
fromTasting Table
4 weeks ago

The Failed Tex-Mex Chain That Was Almost As Popular As Chi-Chi's - Tasting Table

Don Pablo's Grille Mexicana was once a thriving Tex-Mex chain but filed for bankruptcy in 2017.
Food & drink
fromTasting Table
1 month ago

This Massive Pizza Chain Has Actually Survived Bankruptcy Twice - Tasting Table

Sbarro has declined from its peak popularity in the '80s and '90s, despite attempts to rebrand and modernize its offerings.
E-Commerce
fromFast Company
1 month ago

Why David's Bridal said 'I do' to AI

David's Bridal is transforming from a wedding dressmaker to a technology platform for the wedding industry, beginning with its AI tool, Pearl Planner.
fromBusiness Matters
1 month ago

John Barnes faces fresh bankruptcy petition from HMRC over unpaid taxes

John Barnes is facing a new bankruptcy petition from HM Revenue & Customs over debts from his liquidated media company, totaling over £1.5 million.
Liverpool FC
fromBusiness Matters
1 month ago

2,000 jobs at risk as Claire's UK enters administration after US parent's bankruptcy

More than 2,000 jobs are at risk after Claire's UK entered administration, a week after its American parent company filed for Chapter 11 bankruptcy protection.
E-Commerce
E-Commerce
fromIrish Independent
1 month ago

Around 2,150 jobs at risk as Claire's Accessories to appoint administrators in Ireland and UK

Claire's has filed a formal notice to administrators after struggling with weak consumer demand.
Germany news
fromInsideEVs
1 month ago

This Solar EV Was Touted As A Revolution. It's Now Being Sold For Under $1,000

Sono Motors, a solar EV startup, went bankrupt in 2023 and is auctioning off its prototypes and components at low prices.
Cars
fromInsideEVs
1 month ago

This Once-Promising Chinese EV Is Now Rotting In Northern California

Byton K-Byte was planned as a competitor to Tesla Model S, but the company went bankrupt before production.
US news
fromwww.independent.co.uk
1 month ago

PBR claims Dr. Phil orchestrated' bankruptcy to jumpstart' new media venture

Professional Bull Riders accuse Dr. Phil of bad faith bankruptcy filing to evade litigation and promote a new media venture.
E-Commerce
fromwww.mercurynews.com
1 month ago

Three charged in plot to boost value of California tech company before SPAC deal

Three men were indicted for engineering a scheme to fraudulently inflate Near Intelligence Inc.'s revenue by $25 million.
UK politics
fromwww.theguardian.com
1 month ago

As dark financial clouds gather, Labour has to heed its past: when it chooses austerity, it loses elections | Andy Beckett

Britain faces potential bankruptcy due to excessive state spending and rising public debt.
Real estate
fromCbsnews
1 month ago

Long Island's historic Oheka Castle files for bankruptcy

Oheka Castle has filed for Chapter 11 bankruptcy due to over $60 million in debt.
fromTasting Table
1 month ago

How Friendly's Beat Bankruptcy Twice And Avoided Total Failure - Tasting Table

The revamp efforts saw Friendly's into its next era - that is, until 2020. When the COVID-19 pandemic struck, restaurants were especially affected, including Friendly's.
Renovation
Pets
fromSFGATE
1 month ago

San Francisco tech company, once worth $650 million, files for bankruptcy

Wag files for Chapter 11 bankruptcy to restructure its failing business and eliminate debt, maintaining its pet services operations.
fromTasting Table
1 month ago

Why Kentucky Whiskey Distilleries Are Filing For Bankruptcy - Tasting Table

The Distilled Spirits Council reports domestic whiskey sales grew from $1.3 billion in 2003 to $5.27 billion in 2023, a roughly 300% increase.
Food & drink
Business
fromFortune Europe
1 month ago

What can Northvolt's failure teach us about Europe's competitive future?

Northvolt's battery factory has closed following its bankruptcy, highlighting challenges in competing in the clean energy sector.
fromRedfin | Real Estate Tips for Home Buying, Selling & More
1 month ago

Can You Buy a House After Bankruptcy? Yes, and Here's How

While filing for bankruptcy can present financial challenges, it is crucial to understand that it does not permanently close the door on homeownership. Many individuals successfully purchase a home after navigating the bankruptcy process.
Real estate
#mc-hammer
Business
fromTelecompetitor
1 month ago

Bluebird Fiber's Everstream Acquisition Gains a Key Approval

Everstream's operations are sold to Bluebird Fiber for $384.6 million, marking a new chapter for the company.
Chicago
fromEater Chicago
1 month ago

Aya Pastry Set to Close, Two Years After Its Namesake's Exit

Etta Collective, including West Town bakery, filed for bankruptcy in 2024, leading to Aya Pastry's closure.
NYC real estate
fromPitchfork
1 month ago

Avant Gardner, Club Complex That Includes Brooklyn Mirage, Files for Bankruptcy

Avant Gardner LLC has filed for Chapter 11 bankruptcy, jeopardizing the reopening of Brooklyn Mirage.
#avant-gardner
US politics
fromBusiness Insider
1 month ago

Student-loan borrowers who were counting on cheaper payments are struggling to plan for higher payments: 'We're all in limbo'

Rising student loan payments and expiring repayment plans lead to potential bankruptcy for borrowers like Mary Smith.
fromwww.theguardian.com
1 month ago

Germany's oldest and biggest' gay nightclub declares bankruptcy

SchwuZ has served as more than a nightlife venue for nearly 50 years, creating a community space for queer art, family, and resistance, helping shape Berlin's LGBTQ+ identity.
LGBT
fromTasting Table
1 month ago

This Ohio-Based Arby's Rival Is Down To Just 6 Locations - Tasting Table

Rax Roast Beef was initially successful, reaching its peak with 504 locations across the U.S. and Guatemala, but later faced decline due to poor marketing decisions.
Food & drink
Business
fromTelecompetitor
1 month ago

Tilson Sues Gigapower Over Network Builds in Nevada and Arizona

Tilson Technology Management has sued Gigapower for over $200 million, claiming breach of contract and resulting financial damages.
fromFortune
1 month ago

How will Hulk Hogan's death affect the future of Hooters?

Real American Beer found itself in competition with a proposal led by Hooters Inc., which oversees some franchised Hooters locations. The company's cofounder was a part of that group.
Humor
Business
from24/7 Wall St.
1 month ago

Is $6 a Reality for Wolfspeed (WOLF) Or Wishful Thinking?

Wolfspeed, Inc. is undergoing Chapter 11 bankruptcy restructuring supported by a $1.25 billion note from Apollo Global Management.
E-Commerce
fromTasting Table
1 month ago

This Fast Food Taco Chain Went Bankrupt Trying To Take Down Taco Bell - Tasting Table

Del Taco struggled to contend with Taco Bell's dominance, facing significant challenges that led to bankruptcy.
fromTasting Table
1 month ago

The California Restaurant And Grill That Declared Bankruptcy Twice In Under 5 Years - Tasting Table

Rubio's Coastal Grill has faced significant decline since 2017, filing for Chapter 11 bankruptcy twice, with a challenging economic environment impacting its operations in California.
E-Commerce
fromTasting Table
1 month ago

The Fast Food Chain John Mellencamp Made Famous Never Fully Recovered From Bankruptcy - But It's Still Out There - Tasting Table

Mellencamp references Tastee Freez in 'Jack and Diane,' sparking curiosity about how teens were enjoying a chili dog outside the franchise, which symbolizes youthful pleasure during tough times.
Food & drink
#healthcare
fromTechCrunch
1 month ago

CaaStle founder charged with fraud, turns herself in | TechCrunch

Christine Hunsicker, founder of the fashion startup CaaStle, was indicted on multiple charges, including wire fraud and securities fraud, and allegedly defrauded investors over $300 million.
E-Commerce
fromAbove the Law
1 month ago

Controversy Over Judge's Secret Romance Heads To Trial - Above the Law

Jones, the (now former) federal bankruptcy judge, somehow didn't recuse himself from cases involving Freeman, the (now former) partner at Jackson Walker. As a result, Jones resigned and the Department of Justice sued Freeman's former firm to try to disgorge up to $23 million in fees it collected in the 33 cases overseen by Jones while he was involved with Freeman.
Law
Healthcare
fromMiami Herald
1 month ago

Drug recalled by a Miami man's dying company that faced Medicaid fraud charges

Nostrum Laboratories recalled all Ulcer medication due to bankruptcy, lacking quality control and product integrity.
fromTasting Table
1 month ago

Monster Energy Billionaires Saved This California Ice Cream Brand From Bankruptcy - Tasting Table

The brand was acquired by Rite Aid in 1996 and was primarily available through its stores since. The survival of subsidiaries like Thrifty had been in doubt.
Food & drink
#sweden
fromwww.thelocal.se
2 months ago
Video games

'Awesome people are getting pushed away': What's happening in the Swedish gaming industry?

Sweden's gaming industry faces layoffs and bankruptcies affecting both experienced and entry-level workers, particularly impacting international employees' job stability.
fromwww.thelocal.se
2 months ago
Europe news

Swedish games industry in crisis as 'perfect storm' sparks mass layoffs

The Swedish games industry faces severe crisis with bankruptcies, layoffs, and funding issues.
Food & drink
fromBusiness Insider
2 months ago

I went to Hooters in the UK. The beer was cold and the wings were crispy, but I was puzzled by the family-friendly vibe.

Hooters of America filed for bankruptcy while facing high debt and many closures.
fromIndependent
2 months ago

'I want them to be held accountable': Couples who bought 'fake' rings from Dublin jewellers are making complaints to gardai

Complaints have emerged regarding purchases made at Empress Fine Jewels, with allegations that customers received fake gemstones and encountered issues retrieving deposits after the jeweller's bankruptcy.
Miscellaneous
fromRAIN News
2 months ago

Tentative: TPX notifies creditors of possible bankruptcy

We have reached the point where we can no longer continue to operate in the normal course. Because of this, TPX will be filing what is called a Notice of Intention to Make a Proposal (NOI) under the Bankruptcy and Insolvency Act. I want you to know this is not a step I wanted to take.
Music
fromFortune
2 months ago

Private equity roll-ups are undermining the free enterprise system-and the American Dream

Today, small-business lifeblood is being squeezed by private equity firms that target local businesses to eliminate competitors, control markets, and raise prices.
Business
fromIrish Independent
2 months ago

The Indo Daily: The bankrupt Dublin Jeweller, the fake gems and the missing diamonds

Empress Fine Jewels, run by Shuwan Li, faced bankruptcy with debts of €1.5m and was involved in legal issues over stolen rings worth nearly €35,000.
E-Commerce
#del-monte-foods
fromsfist.com
2 months ago
Canada news

Walnut Creek-Based Canned Foods Giant Del Monte Files for Bankruptcy, Hopes for New Owner

fromsfist.com
2 months ago
Canada news

Walnut Creek-Based Canned Foods Giant Del Monte Files for Bankruptcy, Hopes for New Owner

#media
fromwww.cbc.ca
2 months ago

Canned foods giant Del Monte files for bankruptcy protection | CBC News

"After a thorough evaluation of all available options, we determined a court-supervised sale process is the most effective way to accelerate our turnaround and create a stronger and enduring Del Monte Foods," CEO Greg Longstreet said in a statement.
E-Commerce
fromABC7 San Francisco
2 months ago

Walnut Creek-based Del Monte Foods is filing for bankruptcy protection

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options.
Business
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