bankruptcy
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Tech
FTX to finally repay customers after bankruptcy plan gets court approval
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up…
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Business
Red Lobster’s new CEO Damola Adamolekun admits the endless shrimp deal caused “chaos”
Red Lobster’s new CEO Damola Adamolekun admitted that its $20 endless shrimp offering — which contributed to the restaurant filing…
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Business
Spirit Airlines shares rocked by possible bankruptcy filing
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways,…
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Business
J&J subsidiary files for bankruptcy again to settle talc lawsuits
A Johnson & Johnson subsidiary filed for bankruptcy protection for the third time in an effort to resolve the tens of…
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Business
Tupperware files for bankruptcy as its colorful containers lose relevance
Tupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, giving in to dwindling demand…
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Business
Tupperware planning to file for bankruptcy as it struggles with $700M debt: report
Tupperware Brands is preparing to file for bankruptcy as soon as this week, Bloomberg News reported Monday, citing people with knowledge of…
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Business
BurgerFi restaurant chain files for Chapter 11 bankruptcy
The number of restaurant chains that have filed for bankruptcy this year grew on Wednesday after BurgerFi International filed for…
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Business
LL Flooring, once known as Lumber Liquidators, closing all stores after bankruptcy filing
LL Flooring, the once formidable flooring hardware competitor of Home Depot, previously known as Lumber Liquidators, is closing all its…
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Business
Struggling Big Lots preparing bankruptcy filing, will sell stores: report
Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell…
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Business
Red Lobster to exit Chapter 11 soon after judge approves sale to new owner
After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit…
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