Nearly everyone can file for Chapter 11 bankruptcy, including individuals, businesses, partnerships, joint ventures, and limited liability companies (LLCs). There is no specified debt-level limit ...
The majority of the time, it takes between six months and two years. The filing fee for a Chapter 11 bankruptcy is $1,717, but that's only the beginning because Chapter 11 bankruptcy cases are ...
Oct 31 (Reuters) - Casual dining operator TGI Friday's is in talks to prepare for Chapter 11 bankruptcy filing, the Wall ...
A Miami, Fla., trucking company files Chapter 11 to reorganize its businesses facing a repossession order and a lawsuit.
The parent companies of Ludlow & Prime and Five-O Donut Co. both list the Small Business Administration as their biggest ...
Through a unilateral bankruptcy filing, a president and manager of a limited liability company sought to utilize the Chapter ...
Financial distress in the restaurant sector has forced several prominent dining chains to file for bankruptcy in 2024. The most notable Chapter 11 bankruptcy this year was Red Lobster’s filing ...
When companies declare Chapter 11 bankruptcy, they are afforded three key rights. Automatic stay: Under the automatic stay, creditors cannot attempt to collect debts from a company filing Chapter ...
C1, one of the nation’s largest solution providers known as ConvergeOne up until a few months ago, has filed for Chapter 11 bankruptcy protection. The firm was founded in 1993 but has since ...
The company said in a statement that the COVID-19 pandemic was the “primary driver of our financial challenges" ...
Bayonne Medical Center, Christ Hospital in Jersey City and Hoboken University Medical Center. As NJBIZ reported, it has ...
Companies such as LL Flooring and Big Lots have gone through similar issues that caused them to file for Chapter 11 bankruptcy. The company True Value has agreed to sell itself to to stay ...