Several well-known restaurant and sports bar chains are navigating debt challenges, with all at risk of Chapter 11 bankruptcy ...

Saks Global has filed for Chapter 11 bankruptcy protection, citing persistent losses, high interest costs, and a sharp ...

Former Neiman Marcus Group chief Geoffroy van Raemdonck has been named CEO to steer the process, taking over from Richard ...

The company cited a judgment and cash flow issues as reasons for filing bankruptcy.

Saks Global is considering restructuring after being weighed down by debt from its $2.7B deal to acquire Neiman Marcus in 2024.

SAKS Global Enterprises is looking to line up a loan of as much as US$1 billion to keep the business running as part of a ...

While Americans have pulled back on some discretionary spending, that has not impacted the motorcycle market. "The global ...

According to court documents, Wolfspeed, Inc. and Wolfspeed Texas LLC filed for bankruptcy in the Texas Southern District Bankruptcy Court on June 30. The bankruptcy plan was approved on Sept. 8. In a ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min One of the first orders of ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

It has been nearly three years since the shocking collapse of FTX, and the pain of that chapter 11 bankruptcy still lingers across the crypto world. After endless hearings, lawsuits, and delays, ...

Saks Global Enterprises is looking to line up a loan of as much as $1 billion to keep the business running as part of a Chapter 11 bankruptcy filing that could happen in coming weeks, according to ...