#chapter-11-bankruptcy

[ follow ]
#spirit-airlines #fleet-reduction #aircraft-leases #capacity-reduction #labor-cost-cuts
#spirit-airlines
more#spirit-airlines
Food & drink
fromTasting Table
2 weeks ago

How This Health-Focused Fast Food Chain Managed To Survive Bankruptcy - Tasting Table

Clover restructured operations, rebranded as Clover, streamlined locations and menus, and recovered from Chapter 11 by focusing on efficiency, accessibility, and supplier-employee stories.
US news
fromFortune
2 weeks ago

Publishers Clearing House, company that promised 'forever' payments to sweepstakes winners, says actually nevermind | Fortune

Publishers Clearing House's bankruptcy and asset sale left some past 'forever' prize winners facing an end to promised lifetime payments.
Business
from24/7 Wall St.
3 weeks ago

Is Wolfspeed (WOLF) Stock on a Post-Bankruptcy Path to $5?

Wolfspeed faces extreme stock volatility and Chapter 11 restructuring that could cut about 70% of debt but leaves recovery and shareholder outcomes highly uncertain.
Real estate
fromwww.mercurynews.com
1 month ago

New housing plans emerge for abandoned downtown San Jose Greyhound station

Standard Properties, a Z&L affiliate, filed Chapter 11 to restructure and pursue a smaller medium-rise apartment plan at the former Greyhound site while seeking to delay foreclosure.
Food & drink
fromTasting Table
1 month ago

Why This Once Popular Italian Restaurant Chain Ended Up In Bankruptcy (With Under 50 Locations) - Tasting Table

Buca di Beppo's long-term decline, compounded by pandemic losses, led to numerous closures and a 2024 Chapter 11 bankruptcy with only 44 locations remaining.
fromwww.mercurynews.com
1 month ago

Trendy retailer closing Bay Area stores which ones are still open

Popular teen accessories and ear-piercing outlet Claire's, which announced earlier this month they are filing for Chapter 11, has begun shuttering stores in the Bay Area. This is the second time the chain has filed for bankruptcy since 2018 citing large debt load and fierce competition from online retailers. Crowds are flocking to two of the mall-based outlets that are touting mass liquidation sales of as much as 80 percent off.
Business
Real estate
fromsfist.com
1 month ago

China Live Loses Lawsuit Over Millions In Unpaid Back Rent, Likely to Declare Bankruptcy

China Live was ordered liable for $6.7 million in back rent, faces eviction risks, but plans a Chapter 11 filing to stay operating.
Business
fromTelecompetitor
4 months ago

Bluebird Fiber to Acquire Everstream Assets in "Stalking Horse" Agreement

Everstream agrees to sell operations to Bluebird Fiber as part of a Chapter 11 process to optimize business.
[ Load more ]