Shares for the company that revolutionized food storage decades ago have fallen 75% this year and closed Tuesday at about 50 cents apiece.

As part of its Chapter 11 filing, the retailer announced that ... a significant portion of the company’s revenue,” it explained. More store closures could be coming, too.

Introduced in 2019, Subchapter V of Chapter 11 of the Bankruptcy Code (11 U.S.C. Section 1181 et seq.) has been an invaluable tool for lawyers advising financially troubled small businesses.

The number of restaurant chains that have filed for bankruptcy this year grew on Wednesday after BurgerFi International filed for Chapter 11 protection. The company said it filed for Chapter 11 ...

A federal appeals court says Hertz can’t force bondholders to give up interest payments in chapter 11 while paying “massive ...

Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers, said it was seeking Chapter 11 bankruptcy protection ... said in Wednesday commentary.

Consumers often say they want healthier foods — which sounds nice and they might believe it, but they might not do what they say. It's a lot like people joining a gym or buying exercise ...

The restaurant chain said Monday that it has formally exited chapter 11 restructuring and been acquired by RL Investor Holdings, a lender group led by Fortress Investment Group along with co ...

(AP) - Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection. A U.S. bankruptcy judge approved the casual seafood chain’s ...

"For some years, the financial situation of the company had been significantly affected by a difficult macroeconomic ...

Fort Lauderdale-based BurgerFi vowed that no stores will close as it filed for Chapter 11 bankruptcy protection from creditors on Wednesday. The filing only affects corporate-owned locations and ...