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.
Over 100 locations have closed, and the chain may not survive as bankruptcy drives further cutbacks.
A major operator of sports bar and BBQ concepts files for Chapter 11 to reduce debt and continue running its portfolio of ...
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 ...
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
A major convenience store operator has filed for Chapter 11, reflecting financial pressures and shifting consumer habits in the retail and gas store sector.