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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.
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Pages in category "Companies that filed for Chapter 11 bankruptcy in 2024" The following 166 pages are in this category, out of 166 total. This list may not reflect recent changes .
Here are the 10 notable restaurant chains that filed for bankruptcy protection in 2024: Roti Mediterranean fast-casual chain Roti filed for Chapter 11 bankruptcy protection on Aug. 23.
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 ...
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Chapter 11 bankruptcy is often referred to as "reorganization bankruptcy" and typically allows a business to stay open while it reorganizes funds to pay off existing debt over time.
Texas two-step proponents, like Johnson & Johnson and its lawyers, have argued that Texas two-steps are not inherently bad-faith, and that in the context of mass-tort litigation bankruptcy is fairest way to address large numbers of personal injury claims. Unlike in traditional courts hearing cases brought by many different people, bankruptcies ...