Tag: Chapter 11 bankruptcy

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Spirit Nearing Bankruptcy Deal That Would Wipe Out Shareholders

(Bloomberg) -- Spirit Airlines Inc. is closing in on a deal with creditors that would restructure its crushing debt load...

This Legendary Restaurant Just Filed for Bankruptcy—Here’s What’s Going On

It has recently been announced that the owner and operator of 39 domestic restaurants in the TGI Friday’s casual dining chain has filed for...

Spirit Airlines shares slide after report of possible bankruptcy filing

(Reuters) -Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with...

Big Lots adds more store closures after bankruptcy filing. See list of 11 Texas locations

After announcing mass closures nearly ten times the initial estimate, big box discount store Big Lots has identified the locations that will be shuttering...

Red Lobster exits Chapter 11 bankruptcy protection

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.A U.S. bankruptcy judge approved the casual seafood chain’s...

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