Bankruptcy

Finance

Red Lobster filed for Chapter 11 bankruptcy protection under court oversight as part of a restructuring plan led by its parent company, Golden Gate Capital, and its current owne...

Finance

Red Lobster filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, listing assets and liabilities in the billions. The case is officially cap...

Finance

Red Lobster filed for Chapter 11 bankruptcy protection in May 2024 after its parent company, Golden Gate Capital, and its affiliates failed to find a buyer or secure additional...

Finance

Rite Aid filed for Chapter 11 bankruptcy protection for the second time, seeking court oversight to restructure its debt and operations. The company listed billions in liabiliti...

Finance

Bankruptcy ends when a court confirms a reorganization plan or a liquidation is completed and assets are distributed. In a Chapter 11 case, the company proposes a plan that must...

Finance

David's Bridal filed for Chapter 11 bankruptcy protection in late 2023, citing over $400 million in debt and a sharp drop in mall traffic. The company, which operates more than...

Finance

Weight Watchers International filed for Chapter 11 bankruptcy protection in late 2023. The company listed assets and liabilities between $1 billion and $10 billion in its petiti...

Finance

Weight Watchers International, now operating under the name WW International Inc., has faced significant financial pressure in recent years. The company, which rebranded to focu...

Finance

Cracker Barrel Old Country Store filed for Chapter 11 bankruptcy protection in late 2024 after years of declining sales and mounting debt. The company cited liquidity pressures,...