#bankruptcy

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Venture
from24/7 Wall St.
15 hours ago

Warren Buffett's 1992 'Kamikaze Pricing' warning came true at 3 a.m. on May 2

Spirit’s collapse reflects long-running airline “kamikaze pricing,” where commodity seat sales and high fixed costs drive industrywide price wars and near-zero aggregate profits.
fromBikerumor
1 day ago

American Titanium Frame Manufacturer, Lynskey, Files for Bankruptcy

Lynskey has between $1 million and $10 million in debt, with assets totaling roughly $50,000. Some 200+ creditors are owed, including SRAM and FSA.
Bicycling
#applebees
Miami food
fromFast Company
1 day ago

Applebee's store closures: See an updated list of locations that a bankrupt franchisee wants to shutter

NRPF Group Two seeks to close five additional Applebee's locations amid bankruptcy proceedings due to unprofitability.
fromFast Company
1 month ago
Silicon Valley food

Applebee's restaurant closures: See the list of doomed locations after a major franchisee went bankrupt

Miami food
fromFast Company
1 day ago

Applebee's store closures: See an updated list of locations that a bankrupt franchisee wants to shutter

NRPF Group Two seeks to close five additional Applebee's locations amid bankruptcy proceedings due to unprofitability.
fromFast Company
1 month ago
Silicon Valley food

Applebee's restaurant closures: See the list of doomed locations after a major franchisee went bankrupt

#spirit-airlines
fromFortune
2 days ago
SF politics

The viral TikTok $1.75 bid to save Spirit Airlines is fighting the wrong villain | Fortune

from24/7 Wall St.
2 days ago
SF politics

Pete Buttigieg's 2024 antitrust win just erased 17,000 jobs and the largest U.S. ultra-low-cost ariline

Retirement
from24/7 Wall St.
3 days ago

Spirit Airlines Shuts Down After Final Flight Landed on Saturday

Spirit Airlines has ceased operations, marking the end of an era for ultra-budget air travel in the U.S.
Travel
fromFast Company
4 days ago

What should I do if I have a Spirit Airlines flight? Refunds, points, and everything to know after the shutdown

Spirit Airlines has permanently ceased operations and will begin liquidating assets to repay creditors.
SF politics
fromSlate Magazine
2 days ago

Are the Democrats Really to Blame for the Death of Spirit Airlines?

Spirit Airlines ceased operations due to rising fuel costs and failed bailout efforts, leading to its collapse after previous bankruptcies.
SF politics
fromFortune
2 days ago

The viral TikTok $1.75 bid to save Spirit Airlines is fighting the wrong villain | Fortune

Spirit Airlines is facing bankruptcy, with efforts from fans to crowdsource funds for its rescue gaining traction.
SF politics
from24/7 Wall St.
2 days ago

Pete Buttigieg's 2024 antitrust win just erased 17,000 jobs and the largest U.S. ultra-low-cost ariline

Spirit Airlines ceased operations in May 2026 after significant financial losses, despite government efforts to protect it from a merger.
fromFast Company
4 days ago
Travel

What should I do if I have a Spirit Airlines flight? Refunds, points, and everything to know after the shutdown

East Bay food
fromwww.berkeleyside.org
3 days ago

Berkeley Mills furniture store reopened soon after bankruptcy and closure

Berkeley Mills reopened after bankruptcy due to new investments, with co-founder Gene Agress returning to manage the company.
Boston real estate
fromBoston.com
6 days ago

Bed Bath & Beyond returns to stores with 3 Mass. locations

Bed Bath & Beyond is reopening nearly 100 stores inside Container Store locations as part of its post-bankruptcy recovery strategy.
#red-lobster
fromFast Company
1 month ago
SF food

One of the most infamous seafood promotions in history could be making a comeback. But there's a catch

fromFortune
1 month ago
Marketing

Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return | Fortune

Fundraising
fromLos Angeles Times
1 month ago

Red Lobster's risky return: the 'endless shrimp' deal that tanked the chain is back

Red Lobster plans to revive the popular 'Endless Shrimp' promotion as part of its comeback strategy after bankruptcy.
Food & drink
fromThe Mercury News
1 month ago

Red Lobster set to bring back 'Endless Shrimp' that drove it to bankruptcy

Red Lobster plans to revive the popular 'Endless Shrimp' promotion as part of its comeback strategy after facing bankruptcy.
SF food
fromSlate Magazine
6 days ago

Red Lobster's Endless Shrimp Is Back. Employees Are Horrified. So Was I-Until I Learned a Little Secret.

Red Lobster has reintroduced its controversial Endless Shrimp promotion amid a challenging business environment after filing for bankruptcy.
SF food
fromwww.businessinsider.com
1 week ago

I tried Red Lobster's Endless Shrimp, which once contributed to the chain's bankruptcy. It's still an unbeatable deal.

Red Lobster's Endless Shrimp promotion has returned, offering great value and catering to customer demand despite past bankruptcy challenges.
SF food
fromFast Company
1 month ago

One of the most infamous seafood promotions in history could be making a comeback. But there's a catch

Red Lobster is considering bringing back the endless shrimp promotion as a limited-time offering after its previous financial impact.
fromFortune
1 month ago
Marketing

Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return | Fortune

Fundraising
fromLos Angeles Times
1 month ago

Red Lobster's risky return: the 'endless shrimp' deal that tanked the chain is back

Red Lobster plans to revive the popular 'Endless Shrimp' promotion as part of its comeback strategy after bankruptcy.
fromFast Company
1 week ago

Smokey Bones is closing stores: See a list of shuttered locations as another restaurant chain faces a bleak fate

A notice posted at a closed Smokey Bones location in Indiana stated, 'We regret to announce that this location has permanently closed its doors as of Tuesday, April 28th. We thank our loyal Guests for many wonderful years.'
Food & drink
UK news
fromBusiness Matters
1 week ago

Barclay Brothers swerve bankruptcy with eleventh-hour creditor pact

Aidan and Howard Barclay avoided bankruptcy by reaching an Individual Voluntary Arrangement with creditors, leading HSBC to withdraw its petitions.
Boston real estate
fromFast Company
1 week ago

Customers blindsided as Wren Kitchens abruptly shutters showrooms and Home Depot studios after Chapter 7 bankruptcy

Wren Kitchens ceased U.S. operations and filed for Chapter 7 bankruptcy, leaving employees jobless and customers uncertain about their kitchen installations.
frominsideevs.com
1 week ago

A Defunct EV Startup's Assets Are Up For Grabs, Including 20 Electric Trucks

The assets of bankrupt EV startup Bollinger Motors are being auctioned off, including 17 brand-new Class 4 electric cab-forward truck chassis and 3 test vehicles.
Cars
fromEntrepreneur
1 week ago

77 Hardee's Locations Closed for Good -And the Franchisee Behind Them Is Filing for Bankruptcy

ARC Burger filed for Chapter 7 liquidation after closing all 77 Hardee's locations permanently in December, with liabilities estimated between $10 million and $50 million.
Food & drink
Poker
fromwww.businessinsider.com
2 weeks ago

America's online gambling addiction is driving young people to bankruptcy court

Online sports betting is leading to significant financial distress among Gen Z and young millennials, resulting in increased bankruptcy filings.
US Elections
fromwww.mediaite.com
2 weeks ago

Trump Suggests Government Will 'Just Buy' Spirit Airlines and Sell It for a Profit'

Trump suggests buying Spirit Airlines to aid its recovery and sell for profit after oil prices drop.
UK politics
fromwww.theguardian.com
2 weeks ago

Mandelson's lobbying firm Global Counsel went bust owing 4.6m, report says

Global Counsel, co-founded by Peter Mandelson, collapsed with debts of 4.6 million, including 600,000 owed to HM Revenue and Customs.
Digital life
fromwww.businessinsider.com
2 weeks ago

I'm 40 and $300,000 in debt after my startup failed. I'm living on $10 a day in South Korea.

Kang Gwang-sik shares his journey from a successful startup in electric mobility to facing $300,000 in personal debt after bankruptcy.
Agriculture
fromRealagriculture
2 weeks ago

Monette Group files for creditor protection

Monette Group has filed for creditor protection to stabilize finances and restructure debt, not to liquidate or declare bankruptcy.
fromConsequence
2 weeks ago

Alex Jones Strips in Rant About The Onion, InfoWars Deal

Jones raved that 'the left' are 'bodysnatchers. They're skin walkers. They literally take your skin.' He emphasized that The Onion is 'taking on our skin,' reflecting his bizarre fixation on skin during the rant.
US politics
Law
fromAbove the Law
2 weeks ago

Sullivan & Cromwell Files Emergency 'Please Don't Sanction Us For All These AI Hallucinations' Letter - Above the Law

AI tools can lead to significant errors in legal documents, highlighting the need for strict adherence to editorial standards.
fromSnowBrains
2 weeks ago

A New Hope for Folgefonna, Norway - Glacier Resort Being Revitalized as Terrain Park - SnowBrains

"The glacier itself has since 1996 melted continuously. Today the glacier is 300 meters (1,000 feet) from the original lift entrance, and there is now a large lake between the glacier and the original entrance. You would need a boat to access it in summer."
Snowboarding
#qvc
fromForbes
2 weeks ago
Media industry

QVC Chapter 11 Signals Change At Company That Once Ruled Home Shopping

Media industry
fromForbes
2 weeks ago

QVC Chapter 11 Signals Change At Company That Once Ruled Home Shopping

QVC Group has filed for Chapter 11 bankruptcy to restructure its debt and aims to emerge within 90 days.
Television
fromABC7 Los Angeles
3 weeks ago

QVC prepares for bankruptcy protection in the era of influencers, TikTok and Temu

QVC Group plans to file for Chapter 11 bankruptcy protection amid declining sales and changing consumer habits.
Television
fromParade
3 weeks ago

Iconic Shopping Giant Files for Chapter 11 Bankruptcy Amid Industry Shift

QVC Group filed for Chapter 11 bankruptcy while planning to continue operations and restructure amid a shift to digital shopping.
fromwww.businessinsider.com
2 weeks ago

Bankrupt 'Housewives' star Pinky Cole reveals income streams, including up to $50K for speaking gigs

Cole testified that she charges between $25,000 and $50,000 for speaking engagements, noting that this income has been a bit slow recently, with her last engagement earning $50,000.
Fundraising
Food & drink
fromFast Company
2 weeks ago

Are 801 Chophouse restaurants closing? What to know as steakhouse owner files for Chapter 11 bankruptcy

801 Restaurant Group, owner of 801 Chophouse, filed for Chapter 11 bankruptcy due to financial issues and liabilities exceeding assets.
#cumulus-media
fromTechCrunch
3 weeks ago

Battery recycler Ascend Elements files for bankruptcy | TechCrunch

Ascend Elements has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow to investors who had sunk nearly $900 million into the company.
European startups
fromPitchfork
4 weeks ago

Brooklyn Mirage to Reopen in June as Pacha New York

Pacha New York has booked British DJ Michael Bibi, who will play on June 20, and veteran South African producer Black Coffee, who will play on June 21. Notably, Black Coffee was set to become the Mirage's first-ever resident last year before his shows were cancelled.
NYC music
#oceanwide-plaza
LA real estate
fromtherealdeal.com
4 weeks ago

The Oceanwide Plaza saga: Sean Burton's Cityview becomes backup for graffiti-covered eyesore

Oceanwide Plaza's $470 million offer faces challenges in bankruptcy court amid a competing all-cash offer from a foreign investment group.
LA real estate
fromtherealdeal.com
1 month ago

Oceanwide Plaza buyer faces resistance, confirmation hearing pushed

Downtown Los Angeles' Oceanwide Plaza faces uncertainty as bankruptcy court delays confirmation hearing amid creditor concerns and city evaluations.
fromwww.nytimes.com
1 month ago

It's Just Crazy': High Car Payments Make Ownership Feel Impossible

Davine Greene, a nursing student, described her car as 'the bane of my existence' and called it 'probably the worst decision I've ever made, like, financially speaking.'
Cars
LA real estate
fromArchitectural Digest
4 weeks ago

The Saga of Kanye West's Tadao Ando Mansion Is Far From Over

Kanye West's Malibu mansion auction has been postponed again due to bankruptcy filings and ongoing legal issues surrounding the property.
fromFast Company
4 weeks ago

Another fast food franchise owner has filed for Chapter 11 bankruptcy. Will the burger joint close any restaurants?

Multiple entities associated with Friendly Franchisees Corporation, owner of 65 Carl's Jr. locations across California, have filed for Chapter 11 bankruptcy, raising concerns about the future of these franchises.
Silicon Valley food
Retirement
from24/7 Wall St.
4 weeks ago

Dave Ramsey Tells Divorcing Woman With $108K in Credit Cards She Won't Qualify for Chapter 7

Margie cannot file for Chapter 7 bankruptcy due to her income and assets, and will likely need to pursue Chapter 13 repayment plan.
Food & drink
fromFast Company
1 month ago

Gina Maria's Pizza bankruptcy shines light on why the cherished restaurant closed: See full list of locations

Gina Maria's Pizza closed all locations in October 2025 due to Chapter 7 bankruptcy filed by its owner, Northern Brands Inc.
#new-york-bagels
NYC food
fromTheStreet
1 month ago

25-year-old bagel chain closes all locations, files Chapter 7

New York bagels are considered the best due to their unique preparation methods rather than just the water quality.
NYC food
fromMiami Herald
1 month ago

25-year-old bagel chain closes all locations, files Chapter 7

New York bagels are considered the best due to their unique preparation methods rather than just the water quality.
Law
fromwww.businessinsider.com
1 month ago

Young Americans are turning to bankruptcy. Are you one of them?

Personal bankruptcy filings are increasing among Gen Z and young millennials due to rising living costs and stagnant wages.
#publishing
Media industry
fromwww.businessinsider.com
1 month ago

From Madonna photo ops to bankruptcy: the publisher that owes Bob Dylan blames 'predatory' lenders

Callaway Arts & Entertainment filed for Chapter 11 bankruptcy, blaming predatory lenders and the COVID-19 pandemic for its financial troubles.
Media industry
fromwww.businessinsider.com
1 month ago

From Madonna photo ops to bankruptcy: the publisher that owes Bob Dylan blames 'predatory' lenders

Callaway Arts & Entertainment filed for Chapter 11 bankruptcy, blaming predatory lenders and the COVID-19 pandemic for its financial troubles.
Brooklyn
fromBKMAG
1 month ago

Going, Going, Gone: Brooklyn Mirage is Nothing But an Empty Lot Now

The Brooklyn Mirage venue has been demolished, making way for Pacha New York's new club opening this June.
Boston food
fromBoston.com
1 month ago

Clover Food Lab puts itself on the market

Clover Food Lab is seeking a buyer after stabilizing post-bankruptcy and plans to expand its locations across New England.
fromSFGATE
1 month ago

Bay Area luxury mall abruptly files for bankruptcy without warning tenants

"No one gave us any notification. It makes me very angry. They're running around trying to hide things and not telling the full story of how things are going."
Silicon Valley real estate
Business
fromHarvard Business Review
1 month ago

How Successful Retailers Prosper in Tough Times

U.S. retail chains have faced significant challenges, including bankruptcies and a shift to online sales, exacerbated by the Covid-19 pandemic.
Healthcare
fromMedCity News
1 month ago

NYU Stern Report Urges Regulation of Private Equity in Healthcare - MedCity News

Private equity ownership of healthcare facilities has led to hospital closures, reduced staffing, and compromised services, highlighting the need for regulation.
Law
fromwww.businessinsider.com
1 month ago

More young people are filing for bankruptcy, lawyers say. Here's why.

Bankruptcy filings among young adults have increased due to high living costs, stagnant wages, and easy access to credit.
#real-estate
LA real estate
fromtherealdeal.com
1 month ago

Would-be flipper of Kanye West's former Malibu pad files for BK to stop auction

Belwood Investments filed for Chapter 11 bankruptcy, protecting its Malibu property from auction amid significant financial liabilities and a troubled investment history.
LA real estate
fromtherealdeal.com
1 month ago

Would-be flipper of Kanye West's former Malibu pad files for BK to stop auction

Belwood Investments filed for Chapter 11 bankruptcy, protecting its Malibu property from auction amid significant financial liabilities and a troubled investment history.
fromBusiness Insider
1 month ago

Spirit Airlines plans to shrink its fleet to fewer than 80 jets. It once had over 200.

While it once operated more than 200 aircraft, Spirit now intends to run fewer than 80 by the third quarter of 2026. It anticipates adding aircraft between 2027 and 2030. In a news release, Spirit said it will continue to align its network with consumer demand and focus on its strongest routes and markets, including Fort Lauderdale, Orlando, Detroit, and New York City.
Miami food
Food & drink
fromTasting Table
2 months ago

'Best I've Ever Had' - The Chain With The Best Spaghetti And Meatballs, According To Reviews - Tasting Table

Bravo! Italian Kitchen serves highly-rated spaghetti and meatballs made with beef and pork, considered among the best versions at chain restaurants despite the company's recent bankruptcy.
Coffee
fromDaily Coffee News by Roast Magazine
2 months ago

Caffe Nero's $4.7 Million Bid Leads Compass Coffee Chapter 11 Auction

Caffè Nero North America won Compass Coffee's Chapter 11 auction with a $4.764M bid, acquiring substantially all assets and initially operating 17 D.C. cafes.
Business
fromFast Company
2 months ago

Claire's went from tween mall icon to bankrupt - twice?

Claire's filed bankruptcy in August 2025, closed hundreds of stores, sold North American operations for $104 million, and carried more than $500 million in debt.
#restaurant-closure
fromtherealdeal.com
2 months ago

NYC's top deals: Sapir offloads Nomo Soho Hotel for $121M

The units are at the center of an ownership dispute between Harry Macklowe and CIM Group. Macklowe had lost the condos last year when he defaulted on the mortgages he took out from CIM to buy the units. The developer paid about $47 million for the units along with a smaller pad on the 28th floor, which is not included in the latest sale. Serhant's Glenn Davis and Nicholas Compagnone had the off-market listing. The buyer was 78 Purchaser LLC.
NYC real estate
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