You Searched For "Chapter 11" and got 20 results
Sort By:
1 min read
TGI Friday's files for Chapter 11 bankruptcy
In the filing, the company listed both assets and liabilities as between $100 million and $500 mill…
Rebecca Rommen
2 mins read
Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
5 mins read
Rudy Giuliani interrupts his own bankruptcy hearing, yelling it's 'defamatory' to accuse him of bankruptcy fraud
Giuliani, recently disbarred, erupted during his bankruptcy hearing — but he may actually score a l…
Jacob Shamsian
9 mins read
The end of convenience: What the downfall of Walgreens means for America
Chain pharmacies are flashing warning signs and shuttering stores. 7-Eleven is axing locations. The…
Emily Stewart
2 mins read
It's the first day for Nike's new CEO. He has a long road ahead.
Elliott Hill spent his entire career at Nike. Now, he's come out of retirement to fix the sneaker a…
Alex Bitter,Jordan Hart
4 mins read
Here's where OpenAI's 11 cofounders are now
OpenAI has lost two of its cofounders in 2024. Here's where all 11 cofounders are now.
Jyoti Mann
3 mins read
Who is Donald Tang, the public face of Shein, who employees know better than their own company's CEO?
Donald Tang is considered the most "visible leader" of the Singapore-based company currently embroi…
Hannah Getahun,Katherine Tang…
2 mins read
Meet the 35-year-old CEO who wants to turn around bankrupt Red Lobster
Damola Adamolekun, former P.F. Chang's CEO, is set to lead Red Lobster as it emerges from bankruptc…
Lian Kit Wee
2 mins read
WeWork files for bankruptcy but India's operations not affected
Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in…
3 mins read
These are all the Red Lobster restaurants the company wants to close
Red Lobster said that the leases on the restaurants were "likely to continue to drive losses" for t…
Grace Dean
2 mins read
Red Lobster's owner once said the business left such a 'big scar' on him that he had to 'stop eating lobster'
Red Lobster's executive offices were left empty after a consultant told Thai Union CEO Thiraphong C…
Kwan Wei Kevin Tan
4 mins read
Emotional rollercoaster: Team India's historic T20I World Cup win marks a golden chapter in Indian cricket
Team India clinched their second T20 World Cup on Saturday by defeating South Africa in an emotion-…
2 mins read
Red Lobster superfans desperately want a piece of the bankrupt chain
The company in charge of auctioning off items from 52 shuttered Red Lobster locations had hundreds …
Grace Eliza Goodwin
2 mins read
Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
Red Lobster's new CEO questioned the company's purchasing processes, including from its owner and s…
Meghan Morris
3 mins read
Elon Musk is mourning Red Lobster's bankruptcy too
The seafood restaurant chain said on Sunday that it had filed for bankruptcy.
Kwan Wei Kevin Tan
1 min read
Red Lobster just filed for bankruptcy but it's not going to disappear
Red Lobster announced it was filing for Chapter 11 bankruptcy protection but said its restaurants w…
Pete Syme
1 min read
Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ
Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financ…
Hannah Getahun
2 mins read
Red Lobster is closing down over 50 locations, and everything must go
Red Lobster is closing over 50 locations across the US, per restaurant liquidator TAGeX Brands. Loc…
Hannah Getahun
3 mins read
I went shopping at Express and saw firsthand why the retailer has filed for bankruptcy
Express has been a clothing staple in US malls for years. I went to check out the clothes and what …
Jordan Hart
6 mins read
The demise of Red Lobster is a perfect case study in how to kill a business
Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-ea…