New York Sports Club Owner Files for Chapter 11
Gym owner Town Sports warned a filing was imminent as it tried to strike a refinancing deal with lenders.
Discount Legend Century 21 Files for Chapter 11
The company says its insurers “turned their backs on us" as it tried to recover from store closures due to the COVID-19 pandemic.
Chaparral Energy Files for Bankruptcy
It is the second bankruptcy filing for the oil and gas producer in four years.
Men’s Wearhouse Owner Files for Bankruptcy
Tailored Brands is the latest of more than 20 private and public retailers to have declared bankruptcy this year.
Noble Corp. Files Chapter 11 to Slash $4B in Debt
"The development of COVID-19 into a global pandemic erased any doubt as to whether Noble would be able to avoid bankruptcy,” the offshore rig operator said.
California Pizza Kitchen Files for Bankruptcy
“For many restaurants, the COVID-19 pandemic will be the greatest challenge they will ever face; for some, it may also be their last.”
Briggs & Stratton Files Chapter 11 to Effect Sale
The gas engine maker was “losing money and burdened by large debts when the economic downturn caused by the coronavirus pandemic hit.”
Muji Files Chapter 11, Plans Online Focus
The Japanese retailer's U.S. stores are in prime locations, leaving it struggling to make enough money to overcome expensive leases.
Sur La Table Files Chapter 11 With Sale Plan
“This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment."
5 Common Misconceptions About the Chapter 11 Bankruptcy Process
Some perceive Chapter 11 as a fix-all for troubled companies, even though it’s not.