In a bid to save horse racing in Illinois and preserve 250 jobs and the homes of hundreds of backside workers and their families, Hawthorne Race Course, and its related companies, has filed for a ...

Brazilian carrier Azul has emerged from a nine-month financial restructuring under the US Chapter 11 bankruptcy process with a leaner balance sheet and reworked relationships with key lessors and OEMs ...

The company, which offers both in-person care at nearly 100 clinics and virtual care services, said Monday it reached a restructuring agreement with its existing lenders that establishes a "clear path ...

HOUSTON — Houston-based Nine Energy Service Inc. (NYSE: NINE) has filed for Chapter 11 bankruptcy protection and plans to restructure. Nine’s subsidiaries in the U.S. and Canada are included in the ...

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In news that will impact two very popular chain restaurants in the U.S., FAT Brands Inc. and Twin Hospitality Group Inc., the parent company of Twin Peaks Restaurant and BBQ chain Smokey Bones, just ...

Fat and Twin Hospitality said they will use the Chapter 11 bankruptcy process to deleverage their balance sheets, boost shareholder value and continue to grow their brands. Both companies expect to ...

Alcohol giants Stoli Group USA LLC and Kentucky Owl LLC are liquidating their inventory in the U.S. after struggling to reorganize their businesses under Chapter 11 bankruptcy protection. Their ...

The trucking company, which is one of the nation's largest, said it has created a pre-negotiated plan and agreement with it sequity sponsors and lenders to help get rid of around 91% of its $150 ...

Saks Global Enterprises has filed for Chapter 11 bankruptcy protection, barely a year after its $2.7B takeover of Neiman Marcus saddled it with a substantial debt load, marking one of the largest ...

STG Logistics Inc., one of the largest firms in the nation’s logistics industry, filed for Chapter 11 bankruptcy protection Jan. 12. At the same time, STG also said it entered into a restructuring ...