If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I have good news: there ...

There is no one “right” path for every distressed restaurant. Some New York operators successfully restructure through tough negotiations; others need the leverage and tools of Chapter 11; others ...

Opinion: Giving bankruptcy judges access to special masters would strengthen their ability to manage high-stakes cases that have become increasingly common.

The parent company of Saks Fifth Avenue and Neiman Marcus is closing most of its Saks Off 5th locations as it restructures its organization to focus on its iconic department stores and raise money to ...

Opinion: Judges in the US Court of Appeals for the Fifth Circuit spent 2025 pushing back on attempts by certain secured lenders and equity holders to advance their positions in Chapter 11 bankruptcy ...

Grand Slam Track filed for Chapter 11 bankruptcy protection in a court filing last week, citing more than $40 million in debts and less than $1 million in total assets.

Saks Fifth Avenue’s bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster.

Prairie Eye Center, a Springfield-based optometry group, filed for Chapter 11 bankruptcy on Dec. 29, 2025. The company reported a net loss of over $643,000 in 2024 and has liabilities of $10.6 million ...

Another popular breakfast restaurant chain has been hit with financial troubles, and is now filing for Chapter 11 bankruptcy protection. Taste of Belgium made the move to reorganize its business while ...

CINCINNATI (WXIX) - Taste of Belgium, a staple of Cincinnati’s restaurant industry, announced it has filed for Chapter 11 bankruptcy protection but said operations will continue as usual. “This is not ...