The restructuring plan is expected to eliminate $320 million of debt and reduce interest expenses.

A leading restaurant franchisee has filed for Chapter 11 bankruptcy as thousands of U.S. locations have closed in recent years.

Creamy Treats Inc., the parent company of a San Francisco-based ice cream shop, has filed for bankruptcy.​ ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

Beyond its complicated debt situation, economic challenges and ongoing litigation worsened Fat’s financial stability.

Missed obligations and lenders’ demands for immediate repayment have pushed Beverly Hills-based franchiser Fat Brands Inc. and its affiliate, Twin ...

The legacy retailer is preparing a Chapter 11 bankruptcy filing that could shut down more than 200 locations.

Just a year after going public, the parent company of restaurant chain Twin Peaks has filed for Chapter 11 bankruptcy along ...

Pretium Packaging files Chapter 11 bankruptcy to restructure $900M debt while maintaining operations with Clearlake support ...

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 ...

The parent companies behind two area restaurant chains have filed for Chapter 11 bankruptcy, citing heavy debt from aggressive acquisitions and cash issues.

Sometimes a Chapter 11 filing allows a company to pause its debts, stop collection efforts, and buy time to negotiate with ...