Ascend Elements said on Friday it has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow to investors who had sunk nearly $900 million into the company. Linh Austin, Ascend’s CEO, ...

Goliath Ventures, an Orlando, Florida-based crypto firm, filed for Chapter 11 bankruptcy, Bondoro reported on March 16. The company, tied to an alleged $328 million Ponzi scheme, filed for bankruptcy ...

Neighborhood Restaurant Partners, an Atlanta-based Applebee’s franchisee, has filed for Chapter 11 bankruptcy in the Northern District of Georgia. The company’s website lists more than 50 restaurants ...

Shaq Shuts Down One of His Big Chicken Restaurants in Las Vegas Shaq’s Big Chicken just shut down one of its Las Vegas spots — but the fast-growing chain isn’t slowing down anytime soon.

TPD Design House, LLC has filed for Chapter 11 bankruptcy. The Wayne, Pennsylvania-based design firm is seeking to restructure its finances amid a notable gap between its estimated range of assets and ...

Spandex and apparel fiber maker The Lycra Company has entered a Chapter 11 restructuring support agreement with its creditors that will help erase around $1.2 billion in long-term debt while ...

MoCaFi, a financial empowerment fintech focused on the unbanked and underbanked communities, filed for Chapter 7 bankruptcy Friday and has begun the liquidation process. Short for Mobility Capital ...

BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month, citing deteriorating crypto market conditions. Crypto lending platform BlockFills has ...

The auto industry has faced economic distress in the last year that led to bankruptcy filings and business closings. Most troubled businesses cite many of the same issues that are causing problems, ...

Albuquerque-based American Home Furniture & Mattress has filed for Chapter 11 bankruptcy protection, seeking to rearrange its finances amid construction challenges and economic pressures. The locally ...

When Aisha “Pinky” Cole’s first restaurant burned down, the legend of her multi-million-dollar comeback story rose from the ashes. After promoting her vegan lifestyle to more than a million Instagram ...

On Thursday morning, Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt between its ...