The financial drain from these issues cuts deep into revenues and impacts the thin margins pizza restaurants already face, ...
Exactech Australia Pty Ltd, not subject to any insolvency process, is also a defendant to the Australian class action. On 29 October 2024, Exactech and four other companies within the Exactech Group ...
Chapter 11 plans that propose to extinguish existing equity interests because the estate does not have any value remaining after the payment ...
The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...
Total Bankruptcy Filings Increase 13 Percent. NEW YORK and ALEXANDRIA, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) -- There were 539 ...
With a court order from Judge Christopher Lopez, Audacy has officially completed its restructuring process under Chapter 11.
Low-cost airline Spirit Airlines was the most prominent airline to file bankruptcy as it filed its Chapter 11 petition on Nov. 18, 2024. The filing came after a judge blocked JetBlue Airways' ( JBLU) ...
Fuller’s Service Center, a defendant in the wrongful death case filed by the Richards family on behalf of their son, Sean, filed for Chapter 11 bankruptcy Jan. 29. “We are not surprised,” the Richards ...
Further, Prospect said that, with “certain of its subsidiaries,” it initiated voluntary chapter 11 proceedings in the United States Bankruptcy Court for the Northern District of Texas.
Mondee Holdings Inc. files for Chapter 11 proceedings and enters into a restructuring support agreement to substantially sell all assets, according to company statement. Co. to sell assets to a newly ...