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The budget airline filed for Chapter 11 bankruptcy protection in November, facing over $1 billion in looming debt payments and accumulating more than $2.5 billion in losses since 2020.
Of course, filing for bankruptcy doesn’t necessarily mean a business is going bust. Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on ...
Pages in category "Companies that filed for Chapter 7 bankruptcy in 2024" The following 17 pages are in this category, out of 17 total.
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2024" The following 168 pages are in this category, out of 168 total. This list may not reflect recent changes .
The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Party City [6] Payless Shoe Source [2] RadioShack [2] Red Lobster [4] RJR Nabisco [7 ...
There is a 16 percent rise in commercial bankruptcy filings from September 2022 to September 2023, according to the American Bankruptcy Institute, and a 29 percent rise in Chapter 11 bankruptcies.
Companies that filed for Chapter 11 bankruptcy in 2023 (4 C, 164 P) Companies that filed for Chapter 11 bankruptcy in 2024 (167 P)
The increase in bankruptcies comes as diners pull back their spending, labor costs keep rising and Covid-era government help disappears. Several more restaurant chains could file for bankruptcy ...