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The Children’s Place filed for bankruptcy after an $80 million-plus first-half 2026 loss. It carries hundreds of millions in debt, will close 24 New Jersey stores and lay off 732 employees.
The Children's Place filed Chapter 11 on Sunday with $742M in assets and $881M in debts, seeking buyer bids by Dec. 9 and a deal…
EYM Diner, running about 30 Denny's sites in Texas and Florida, sought Chapter 11 protection after lender InterBank sued over $18…
BC Partners' withdrawal as lead investor kills LIV Golf's 'LIV 2.0' relaunch. The Saudi-backed tour, which owes up to $1bn to 1,0…
A pickleball facility franchisor has filed for bankruptcy, and its founder told Fox Business he accepts blame for the business mi…
Getty Images, worth $4.8 billion four years ago, will file Chapter 11 and go private, with Koch Equity Development investing up t…
Character.ai filed for Chapter 11 and agreed to sell IP to a Disney affiliate for $20 million, with the deal structured as a stal…
Character.AI filed for Chapter 11 with $50-100M in assets and liabilities, and agreed to sell select assets to Disney for $20 mil…
Meritage Hospitality Group, which runs 314 Wendy's locations, closed five unprofitable restaurants on September 25 and will shutt…
A judge denied Wendy's emergency bid to save seven restaurants. Bankrupt franchisee Meritage refused a loss-covered swap offer wi…
Meritage Hospitality closed five more Wendy's on Friday, bringing the two-week total to 10 stores. The top franchisee owes its le…
