Bankruptcy
Latest Stories
Nearly 60 Carl’s Jr. Locations in Limbo as California Franchisee Plans Exit
Inside the downfall of a major franchisee as nearly 60 California Carl’s Jr. locations face closure, sale and pressure from the state’s $20 fast-food minimum wage.
'RHOA' Star Pinky Cole’s Bankruptcy Filings Now Show Nearly $4M in Debt
New filings detail unpaid rent, supplier lawsuits, and mounting credit card debt as the Slutty Vegan mogul works to stabilize her $100M brand.
Spirit Airlines Is Gone — But Its $275M Airbus Sale Could Decide Who Gets Paid First
Inside the emergency financing deal that could shape who gets paid first as Spirit dismantles its grounded Airbus fleet.
Applebee’s Closures Expand as Major Franchisee Battles Bankruptcy
Inside the Chapter 11 shake-up: how one troubled operator, millions in liabilities, and shifting dining habits could reshape Applebee’s footprint in the South.
Cardi B Wins Contempt Ruling Against Tasha K in Bankruptcy Case
A judge has ordered Tasha K to remove Cardi B-related content, citing non-disparagement violations. The judge also imposed new fines on the blogger and her attorney.
Spirit Airlines Prepares for Possible Shutdown as $500M Rescue Talks Stall
What stalled $500M rescue talks could mean for low-cost fares, travelers, and thousands of workers if the airline can’t secure new funding.
Spirit Airlines Nears $500M Government Lifeline as Liquidation Looms
A rare single-airline bailout could give Washington a stake in Spirit — and help decide whether fares, jobs, and routes across the U.S. get shaken up next.
Hardee’s Starts Reopening Dozens of Locations After Franchise Collapse
Inside the fast-food takeover turning a franchise collapse into a corporate comeback, and what it means for workers and your local Hardee’s.
Spirit Airlines Scrambles for Government Lifeline as Liquidation Looms
From blocked JetBlue merger to engine recalls and soaring jet fuel, how years of setbacks left Spirit one bad week from collapse.
Spirit Airlines Could Face Liquidation as Soon as This Week
Cheap fares, layoffs, and a second bankruptcy have left Spirit Airlines facing rising costs, failed merger attempts, and growing competition.
Red Lobster Might Bring Back ‘Endless Shrimp’ After It Led to Millions in Losses
The all-you-can-eat shrimp deal that led to millions in losses may be back on the menu.
65 Carl’s Jr. Locations at Risk After Major Franchisee Files for Chapter 11
Inside the fast-food shakeup putting one of California’s largest Carl’s Jr. franchisees, Friendly Franchisees Corporation, at risk as restructuring begins.
Inside Pinky Cole Hayes’ Court Win to Reclaim Her Atlanta Home
How the ‘RHOA’ newcomer and Slutty Vegan founder used Chapter 11 protections to beat a property seizure and keep crucial rental income flowing.
Applebee's Franchisee Bankruptcy Puts Over 50 Southern Locations at Risk
Inside the Chapter 11 filing shaking Applebee’s in Florida, Georgia, and Alabama—and what it means for your local neighborhood grill.
Kyle Cooke Says Loverboy Is on the Brink of Bankruptcy
'That's one of the reasons I started DJing, to pay the bills,' the 'Summer House' star revealed.
‘RHOA’ Star Pinky Cole Claims Creditor Locked Her Out of Atlanta Home Amid Bankruptcy
The Slutty Vegan founder says a management company ignored her Chapter 11 protections, changed the locks, and cut off a key income stream.
Popeyes Franchisee Files Chapter 11 With $130M Debt After Closing 20 Locations
How inflation, rising costs, and declining traffic impacted one of Popeyes’ largest Southern operators and what comes next for its remaining stores.
Turkey Leg Hut Owner Teases ‘Rebirth’ After Bankruptcy and Legal Troubles
From arson allegations and federal charges to a possible relaunch, here’s how the once-iconic Houston hotspot could rise again.