​Nine Energy Service, Inc., an oilfield services business files for Chapter 11 bankruptcy with a prepackaged plan.

The restructuring plan is expected to eliminate $320 million of debt and reduce interest expenses.

A leading restaurant franchisee has filed for Chapter 11 bankruptcy as thousands of U.S. locations have closed in recent years.

Missed obligations and lenders’ demands for immediate repayment have pushed Beverly Hills-based franchiser Fat Brands Inc. and its affiliate, Twin ...

If you’re a restaurant owner in New York carrying COVID-era EIDL debt and personal guarantees that feel impossible to pay, I have good news: there ...

Male cafe owner making accounting records in a coffee shop The Business Journals Leadership Trust By Lamar Hawkins, Attorney Guidant Law, PLC D. Lamar Hawkins, an attorney with Guidant Law Firm, ...

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

Reston-based higher education tech company Ellucian announced it had completed its acquisition of Anthology‘s Student Information Systems (SIS) and Enterprise Resource Planning (ERP) business through ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...