Twin Hospitality Group says restaurants will remain open as it restructures debt.

FAT Brands is planning to restructure the business and deleverage its balance sheet through this Chapter 11 bankruptcy filing.

A major operator of sports bar and BBQ concepts files for Chapter 11 to reduce debt and continue running its portfolio of ...

Luxury retailer Saks Global plans to permanently close a Miramar support center this spring and lay off all 74 workers in the ...

This move comes months after creditors pushed for it to pay $1.3 billion in debt, and marks the first major restaurant ...

Here's what that means for the brand and its customers.

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

Just a year after going public, the parent company of restaurant chain Twin Peaks has filed for Chapter 11 bankruptcy along ...

Sometimes a Chapter 11 filing allows a company to pause its debts, stop collection efforts, and buy time to negotiate with ...

After a decade of press powders and sharply pigmented shadow, Pat McGrath Labs is filing for bankruptcy.

At the time, the airline cited unprofitability and lack of demand as reasons for its shutdown. As first reported by the ...