Iconic bookstore chain files for Chapter 11 bankruptcy
The bookstore retail sector has shrunk significantly over the last 25 years as Amazon and other online sales decimated brick-and-mortar booksellers. Crown Books, which had locations in malls, was one of the first major bookstore chains to fold in the new millennium,
Popular craft chain Joann files for Chapter 11 bankruptcy. Here's what that means
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Books Inc. files for Chapter 11 bankruptcy, plans to close Berkeley store
Books Inc. announced on its website that it filed a voluntary petition for reorganization under Chapter 11 in U.S. Bankruptcy Court for the Northern District of California.
Joann craft chain, with 11 NJ stores, files second bankruptcy in a year
Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide businesses with some breathing room to get their finances in order without liquidating all their assets and effectively going out of business.
Prospect Medical Holdings files for Chapter 11 bankruptcy
HARTFORD, Conn. (WFSB) - Prospect Medical Holdings, Inc. filed for Chapter 11 bankruptcy on Saturday night. The bankruptcy filing affects several hospitals in Connecticut, including Waterbury Hospital, Manchester Memorial Hospital, and Rockville General Hospital in Vernon.
California Bookstore Chain Files for Bankruptcy After 174 Years
Books Inc., the oldest independent bookstore chain in San Francisco's Bay Area, has filed for Chapter 11 bankruptcy protection in an effort to save its remaining businesses. The company, established in 1851,
Bay Area's Books Inc., founded in 1851, files for bankruptcy
The Bay Area's oldest independent book store has filed for bankruptcy, citing increased operating costs and changes in consumer buying habits. The big picture: Books Inc. operates 11 locations across the Bay,
Spirit Airlines gains $300 million in financing pledges for post-Chapter 11 flying
Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after ...
Joann Chapter 11 Again Amid Asset Sale Fears Should No Buyer Be Found
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
Tijuana Flats exits Ch. 11 bankruptcy, sets sights on growth
A Jan. 21 news release highlighted efforts the company is making to rebound, like its recipe partnership with a Mexican ...
Is Joann Fabrics going out of business? Retailer warns of possible liquidation in second Chapter 11 bankruptcy
Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...
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Vertex Energy emerges from Chapter 11 as private company, appoints new CEO
Vertex Energy has emerged as a privately held company after emerging from Chapter 11 bankruptcy. The company company filed for protections in 2024 after spending on equipment ...
Independence Contract Drilling Emerges from Chapter 11 Bankruptcy
Independence Contract Drilling eliminated more than $197 million of convertible debt in the restructuring process.
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Expert views: What's next for Northvolt under chapter 11
Northvolt filed for restructuring under the American chapter 11 process. In December, negotiations began in a court in Texas, ...