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By cutting filing costs, closing exploitative loopholes, and treating student loan debt like any other debt, the bill promises a more just system. BY Sarah Bregel On Wednesday, Senator Elizabeth Warren reintroduced legislation that would make filing for bankruptcy easier and more affordable for individuals who are struggling financially. Warren first introduced the legislation, the Consumer … Continue reading Elizabeth Warren’s second attempt at bankruptcy reform seeks balanced relief
November 04, 2024 TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11? Fridays is the latest restaurant chain to file for bankruptcy protection in a year where customers are eating out less and operating costs are on the rise. BY Tracy Brown Hamilton American casual dining restaurant chain TGI Fridays has filed for Chapter 11 bankruptcy … Continue reading TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11?
October 14, 2024 Hardware store True Value files Chapter 11, joins list of retailers going into bankruptcy this year The long-standing home-improvement wholesaler says its 4,500 locations will stay open as the company sells its operations to rival Do It Best. BY Sarah Bregel A long-standing hardware wholesaler, True Value, is filing for bankruptcy. The 75-year-old … Continue reading Hardware store True Value files Chapter 11, joins list of retailers going into bankruptcy this year
August 29, 2024 Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand The Maryland-based company made headlines this summer when dozens of its products were identified in an FDA recall notice as posing a possible health risk. BY Michael Grothaus We all know that food recalls can have … Continue reading Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand
August 13, 2024 LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations The company is the latest national retailer to announce a reduction in its physical footprint as it seeks to turn around its fortunes through Chapter 11. BY Michael Grothaus Premier flooring retailer LL Flooring Holdings, Inc. has announced … Continue reading LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations
July 01, 2024 Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs Chicken Soup for the Soul, which owns DVD rental chain Redbox, claimed $970 million in debts in its Chapter 11 filing. BY Henry Chandonnet Those red DVD kiosks peppering Walgreens across the country may have reached their end. Last week, … Continue reading Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs
The owner of Redbox has filed for Chapter 11 bankruptcy Chicken Soup for the Soul Entertainment is $970 million in debt. cheyenne macdonald Updated Sat, Jun 29, 2024 REUTERS / Reuters Chicken Soup for the Soul Entertainment, which acquired the movie rental service Redbox in 2022, has filed for Chapter 11 bankruptcy protection, … Continue reading The owner of Redbox has filed for Chapter 11 bankruptcy
By Associated Press November 07, 2023 NEW YORK (AP) — After months of signaling bankruptcy could be on the horizon, WeWork has officially filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around … Continue reading WeWork files for bankruptcy
By Michael Grothaus November 01, 2023 WeWork stock is plunging in pre-market trading on Wednesday after reports said the company is on the cusp of filing for bankruptcy. News of its impending bankruptcy announcement sent WeWork shares to an all-time low. Here’s what you need to know. What’s happened? (November 18, 2023) The Wall … Continue reading WeWork stock price falls to an all-time low after bankruptcy report
Basis, Audigent Focus On Building Partnerships In Wake Of MediaMath Bankruptcy by Laurie Sullivan @lauriesullivan, July 6, 2023 Basis Technologies and other ad-technology companies have started to build workarounds and partnerships in the wake of demand-side platform MediaMath’s filing for Chapter 11 bankruptcy protection in Delaware district court last week. On Thursday, Basis announced the … Continue reading Basis, Audigent Focus On Building Partnerships In Wake Of MediaMath Bankruptcy
