With a court order from Judge Christopher Lopez, Audacy has officially completed its restructuring process under Chapter 11.

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Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies ...

The backstory: Founded in 1943, Joann filed for Chapter 11 bankruptcy in March 2024 and listed over $2.44 billion in total debts versus about $2.26 billion in total assets in Chapter 11 petition ...

WASHINGTON — For the second time in less than a year, crafting retailer Joann has announced plans to declare chapter 11 bankruptcy. The company announced on Jan. 15 that it was seeking court ...

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement. The filing, the release says, is to help "facilitate a sale process to ...