Discount retail chain liquidates stores in Chapter 11 bankruptcy
The discount retail sector has contracted over the last year as retailers closed underperforming locations or filed bankruptcy to liquidate stores. The retail chains blamed the fallout from the Covid-19 pandemic,
All Quiksilver, Billabong and Volcom stores to close amid Chapter 11 bankruptcy
Parent company Liberated Brands blamed fast fashion and e-commerce moving too quickly to sustain its outdated brick-and-mortar stores in bankruptcy filings.
Popular sporting goods retailer files for Chapter 11 bankruptcy
Florida-based sporting goods retailer Surf 9 has filed for Chapter 11 bankruptcy amid a royalties dispute with water sports equipment maker Body Glove, according to court filings.
Another major pizza chain franchisee files Chapter 11 bankruptcy
The financial drain from these issues cuts deep into revenues and impacts the thin margins pizza restaurants already face, making it more difficult for these businesses to be prof
Popular discount retailer announces bankruptcy, ‘going out of business’ sale
Bargain Hunt is having a “going out of business” sale across all of its 92 stores spanning Following its recent filing for Chapter 11 bankruptcy, the discount retailer will host the sale in Alabama, Arkansas,
Popular restaurant chain closes more stores amid bankruptcy — down to 124
The once popular restaurant chain best known for its loaded potato skins and happy hour, TGI Fridays, is closing more stores across three states just months after filing for chapter 11 bankruptcy. The chain filed for bankruptcy in November,
JD Supra6h
A BIG LOTS Chapter 11 Lesson: Caution Needed When Doing Business with Chapter 11 Debtors
Vendors, landlords, and other creditors often feel a sense of security when doing business with Chapter 11 debtors. The ...
Forever 21: Chapter 11 Remains An Option As The Fashion Retailer Mulls Its Future
Fashion retailer Forever 21 may have to turn to Chapter 11 administration again if it fails to find a buyer for profitable leases, according to the latest reports.
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How Chapter 11 Can Be a Deal-Making Space During Economic Disruption
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Cramdown of Equity in Chapter 11 Plan Requires Assessment of Equity's Value to Satisfy "Fair and Equitable" Standard
Chapter 11 plans that propose to extinguish existing equity interests because the estate does not have any value remaining after the payment ...
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Liberated Brands Files for Chapter 11 Bankruptcy, Plans to Close 122 Stores
Liberated Brands, the parent company of several sport, outdoor and lifestyle apparel retailers, has initiated Chapter 11 ...
Forever 21 Weighs Repeat Bankruptcy Filing
The company is struggling with competitive pressure in the apparel sector.
Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender
Celal Ozkan’s affiliate filed for bankruptcy on the North Miami Beach SkyGarden development site, amid a dispute with the ...
Nikola Reportedly Considers Potential Chapter 11 Bankruptcy Filing Amid Cash Struggles
Nikola Corp. (NKLA), the electric vehicle manufacturer, is exploring the possibility of filing for bankruptcy under Chapter 11, ...
Bargain Hunt closing all stores: full list of doomed locations, going-out-of-business sales amid bankruptcy
Discount retailer Bargain Hunt will close every store location and hold GOB sales after filing for Chapter 11 bankruptcy ...