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Small business bankruptcies are on the rise, seeing a nearly 30 percent rise in Chapter 11 bankruptcy — which allows the company to reorganize its debts and restructure the company — filings ...
Chain Apocalypse. This year was a bloodbath for retail and dining businesses. In the first nine months of 2024, business bankruptcy filings skyrocketed 33.5%, jumping from 17,051 to 22,762.
Of those, business filings rose by 33.5%, while personal (non-business) filings were 15.5%. While total bankruptcy filings have increased each quarter since June 2022, they remain far lower than ...
Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees.
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2024" The following 170 pages are in this category, out of 170 total. This list may not reflect recent changes .
It turned to Chapter 11 to save the business. ... In April, Tijuana Flats announced new ownership, a Chapter 11 bankruptcy filing and the closure of 11 restaurants in a single press release.
Pages in category "Companies that have filed for bankruptcy in the United States" The following 7 pages are in this category, out of 7 total. This list may not reflect recent changes .
At the time of filing, The Container Store Group reported $243 million in debt. The company has secured $40 million in new financing and at least $45 million of deleveraging funds. For the second ...