The automotive aftermarket sector has faced a flurry of bankruptcy filings despite some firms in the industry experiencing an ...

The fast-food burger chain sector is facing an array of issues that has led to dozens of restaurant closings and several ...

A large Burger King franchisee with dozens of locations in Florida and Georgia has filed for bankruptcy. Does that mean they're closing restaurants?

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case.

A bath tissue and paper product company has filed for Chapter 11 bankruptcy protection. Parade reports that Royal Paper, a ...

Intends to use Proceedings to Conduct a Value-Maximizing Sale Process and Resolve LiabilitiesCompany Expects to Continue Business Operations in ...

Consolidated Burger Holdings, a Burger King franchisee operating 57 restaurants across Florida and south Georgia, filed for Chapter 11 bankruptcy on Monday, April 14. Out of the 57 locations across ...

A buyer group comprised of two existing Hooters franchisees has agreed to acquire and operate certain Company-owned Hooters locations, the company said in a press release. At the end of the Chapter 11 ...

It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to franchisee-owned locations.

The days are numbered for seven JCPenney stores in the U.S. slated for closure, while an eighth store has gotten a slight reprieve.

Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes as the chain seeks to sell its company-owned ...