#bankruptcy

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#mc-hammer
fromTelecompetitor
2 hours 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
2 hours 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.
fromPitchfork
6 hours 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
Brooklyn
fromBrooklyn, NY Patch
7 hours ago

Popular NYC Venue Avant Gardner Files For Bankruptcy Amid Prolonged Closure

Brooklyn Mirage's ongoing renovations and safety inspection failures have led its parent company, Avant Gardner, to file for Chapter 11 bankruptcy protection.
#retail
fromwww.cbc.ca
1 month ago
Toronto startup

Hudson's Bay receives approval for sale of 3 leases to B.C. mall owner Ruby Liu | CBC News

fromwww.cbc.ca
1 month ago
Toronto startup

Hudson's Bay receives approval for sale of 3 leases to B.C. mall owner Ruby Liu | CBC News

US politics
fromBusiness Insider
1 day 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
2 days 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 week 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 week 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.
#red-lobster
fromBuzzFeed
1 week ago
Food & drink

I Went To Red Lobster For The First Time In 10 Years To Try Their Seafood Boil

fromBuzzFeed
1 week ago
Food & drink

I Went To Red Lobster For The First Time In 10 Years To Try Their Seafood Boil

fromFortune
1 week 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
#wolfspeed
fromTasting Table
1 week 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
2 weeks 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
2 weeks 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
2 weeks 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
2 weeks 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
2 weeks 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
2 weeks 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
#hooters
fromBusiness Insider
3 weeks ago
Food & drink

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.
fromBusiness Insider
1 month ago
Atlanta Braves

Hulk Hogan wants to reimagine Hooters restaurants as his Real American Beer brand makes a new bid to save the chain

Hulk Hogan's Real American Beer is leading a bid to acquire Hooters of America, aiming to revitalize the brand after its bankruptcy.
fromBusiness Insider
3 weeks ago
Food & drink

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.

fromBusiness Insider
1 month ago
Atlanta Braves

Hulk Hogan wants to reimagine Hooters restaurants as his Real American Beer brand makes a new bid to save the chain

fromIndependent
3 weeks 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
3 weeks 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
fromwww.housingwire.com
3 weeks ago

Housing market slowdown hits retirees long after they've sold

Residents of Harborside expect to recover only one-third of their promised refund after bankruptcy.
fromFortune
3 weeks 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
3 weeks 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
1 month ago
Canada news

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

fromsfist.com
1 month ago
Canada news

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

#media
#consumer-trends
fromABC7 San Francisco
1 month 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
fromwww.mercurynews.com
1 month ago

California real estate empire faces fire sale risk in court Fight

The dispute shows the limits of using a Chapter 11 bankruptcy case to restructure hundreds of millions of dollars in debt when key participants are locked in a contentious battle.
Real estate
E-Commerce
fromBusiness Insider
1 month ago

Del Monte seeks new owner after piling up debt owed to thousands of creditors

Del Monte Foods is restructuring through Chapter 11 bankruptcy to shed debts and secure long-term success.
fromEntrepreneur
1 month ago

Canned Food Company Del Monte Foods Files for Bankruptcy | Entrepreneur

Del Monte Foods has filed for bankruptcy and is seeking a buyer through a court-supervised sale process.
fromSFGATE
1 month ago

San Francisco tech company once worth $425 million goes bankrupt

Marin Software filed for bankruptcy after struggling against Google and Meta, despite a promising start and previous $425 million valuation.
fromLos Angeles Times
1 month ago

Facing 153 sexual abuse cases, the Fresno Diocese seeks bankruptcy. Critics call it delay tactic

Bishop Joseph V. Brennan stated, 'I am clear-sighted that this path is the only path that will allow us to handle claims of sexual abuse with fair, equitable compassion while simultaneously ensuring the continuation of ministry within our Diocese.'
Canada news
#23andme
fromFortune
1 month ago
Health

23andMe founder Anne Wojcicki just got the greenlight to buy back her company for $305 million after it lost 98% of its previous value

fromwww.npr.org
1 month ago
Privacy professionals

Judge OKs sale of 23andMe and its trove of DNA data to a nonprofit led by its founder

Marketing tech
fromThe Verge
1 month ago

Anne Wojcicki is taking back control of 23andMe

Anne Wojcicki is buying back 23andMe for $305 million after its bankruptcy, aiming to revitalize the company with improved privacy measures.
fromFortune
1 month ago
Health

23andMe founder Anne Wojcicki just got the greenlight to buy back her company for $305 million after it lost 98% of its previous value

fromwww.npr.org
1 month ago
Privacy professionals

Judge OKs sale of 23andMe and its trove of DNA data to a nonprofit led by its founder

fromTasting Table
1 month ago

Whatever Happened To Black Angus Steakhouse? - Tasting Table

Founded in 1964, Black Angus Steakhouse was a popular chain for celebrations, boasting up to 120 locations at its peak but declining to 30 by 2023.
Food & drink
fromtherealdeal.com
1 month ago

Mark Nussbaum begins bankruptcy alternative to pay off escrow clients

Mark Nussbaum's financial crisis stems from allegations of misusing client escrow funds, prompting him to file for an Assignment for the Benefit of Creditors.
NYC real estate
fromRAIN News
1 month ago

RIP Pineapple Street; Audacy shuts it down

This difficult decision aligns our resources with our core strengths and the most promising growth areas for our podcasting business. We're sorry to say goodbye to talented colleagues and are grateful for their contributions.
Digital life
Canada news
fromwww.cbc.ca
1 month ago

Hudson's Bay landlords don't want Ruby Liu to move in, but B.C. businesswoman still has a shot | CBC News

Landlords oppose the transfer of Hudson's Bay leases to Ruby Liu, but legal options may still allow the deals to proceed.
#rite-aid
fromFast Company
1 month ago
Business

Rite Aid's Thrifty ice cream brand gets sold to a business entity linked to Monster Energy executives

fromFast Company
1 month ago
Retirement

Rite Aid store closures update: Latest list for June includes hundreds of doomed locations in 14 states

fromSFGATE
1 month ago
SF food

As Rite Aid closures loom, Californians fret over Thrifty Ice Cream

Rite Aid's bankruptcy and store closures signify the end of a historic chapter for Thrifty Ice Cream, beloved by Californians for generations.
fromFast Company
1 month ago
SF real estate

Rite Aid store closures update: Latest list includes doomed locations in California, Washington, and Oregon

Rite Aid continues to close hundreds of stores as it prepares for bankruptcy, impacting rural pharmacies.
fromFast Company
1 month ago
Business

Rite Aid's Thrifty ice cream brand gets sold to a business entity linked to Monster Energy executives

fromFast Company
1 month ago
Retirement

Rite Aid store closures update: Latest list for June includes hundreds of doomed locations in 14 states

fromFast Company
1 month ago
SF real estate

Rite Aid store closures update: Latest list includes doomed locations in California, Washington, and Oregon

fromFast Company
1 month ago

Big Lots new store openings come with a warning for online shoppers: Don't fall for scam websites

Scammers have been targeting consumers with online ads impersonating Big Lots. Links within these ads direct hopeful shoppers to fake websites that are not affiliated with the official retailer. Be aware that any advertisements promoting online Big Lots deals are not legitimate.
Online marketing
fromFast Company
1 month ago

CareerBuilder + Monster job search board files for Chapter 11 bankruptcy after revenue sinks nearly 40% post-pandemic

CareerBuilder + Monster has filed for Chapter 11 bankruptcy to facilitate the sale of its operations amid economic challenges.
fromEntrepreneur
1 month ago

CareerBuilder, Monster Files for Chapter 11 Bankruptcy | Entrepreneur

CareerBuilder + Monster's bankruptcy filing highlights the struggles of merging two legacy job platforms in an era of declining sales and job market uncertainty.
NYC startup
fromSFGATE
1 month ago

Inside the Sackler Family's Staggering Real Estate Empire-as Purdue Pharma Founders Reach Historic $7.4 Billion Opioid Settlement

For decades, the Sacklers put profits over people, and played a leading role in fueling the epidemic. While no amount of money can fully heal the destruction they caused, these funds will save lives and help our communities fight back against the opioid crisis.
Boston real estate
#alex-jones
London startup
fromTheregister
1 month ago

Doomed UK smartphone maker Bullitt Group finally liquidated

Bullitt Group's liquidation ended without any payment to creditors due to failed asset recovery.
All employees were made redundant, highlighting severe operational failures.
fromIndependent
1 month ago

'I handed my rings over in good faith' - Dublin woman's 35,000 jewellery reported stolen on a bus after being taken to be cleaned

Shuwan Li's bankruptcy raises issues of compensation for affected customers.
Startup companies
fromtime.com
1 month ago

What Sunnova's Bankruptcy Means for the Future of Residential Solar

Sunnova's bankruptcy highlights the volatility of the residential solar market, affected by external economic pressures and policies.
fromwww.mercurynews.com
1 month ago

Founder of California ADU company accused of fraud files for bankruptcy protection from creditors

Frausto's claim of disrupting the backyard housing industry culminated in personal bankruptcy after numerous lawsuits from clients, revealing potential scams within his companies.
NYC startup
fromInsideEVs
1 month ago

Here's Your Chance To Buy A Very Rare Electric Pickup At Half Price

"Even the term 'production' needs to be taken with a pinch of salt here because Lordstown built fewer than 40 Endurance EVs before going bankrupt."
Alternative transportation
Miami Marlins
fromTravel + Leisure
1 month ago

This Airline Abruptly Shut Down Leaving Caribbean-bound Travelers Completely Stranded-What to Know

Silver Airways has ceased all operations, impacting travelers in the Caribbean.
DC food
fromTechCrunch
1 month ago

Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Powin filed for Chapter 11 bankruptcy with over $300 million in debt, allowing it to restructure while continuing operations.
fromSilicon Canals
1 month ago

Pay up, Pieter Vos (Rodeo): tricked investor PSG Equity awarded nearly 63M in damages - Silicon Canals

Pieter Vos, co-founder of Rodeo Software, was ordered by the Amsterdam court to pay €63M for alleged fraud related to missing investment funds.
Startup companies
fromwww.mercurynews.com
1 month ago

Solar bankruptcies show US clean energy industry is teetering on the brink

The U.S. clean energy industry faces significant financial challenges due to high borrowing costs and unfavorable policies, jeopardizing its future.
East Bay real estate
fromwww.mercurynews.com
1 month ago

Two East Bay hotels file for bankruptcy as lodging market woes widen

Two East Bay hotels file for Chapter 11 bankruptcy amidst defaults on loans, indicating ongoing struggles in the Bay Area lodging market post-pandemic.
fromsilive
1 month ago

Staten Island woman: Solar company bankruptcy led her to 'financial ruin' over broken system

A woman suffered financial ruin due to continuous charges from a solar power company that went bankrupt, leaving her with a broken system.
fromFast Company
1 month ago

Michaels acquires Joann fabrics IP: Will it take over former stores too?

Michaels has acquired Joann's assets post-bankruptcy to expand its fabric and crafting merchandise offerings.
fromTechCrunch
1 month ago

Nikola founder Trevor Milton is fighting a subpoena from his bankrupt company's creditors | TechCrunch

Milton's ongoing fight against the subpoena issued by creditors of his bankrupt electric trucking company raises questions about his financial transparency amid ongoing legal battles.
Atlanta Braves
US news
fromwww.npr.org
1 month ago

3 years in, Sandy Hook families still wait to collect what Alex Jones owes them

The Sandy Hook families remain frustrated as Alex Jones' bankruptcy case prolongs, with potential shifts in the judge's stance complicating the situation.
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