Summertime is the ideal time to relax with an ice-cold glass of craft beer. Unfortunately for many communities, the local craft brewer may have recently shut its doors, as the industry has seen a high ...
Home improvement retailers have faced fierce competition from giant retail chains like Home Depot and Lowe’s, which forced certain competitors to close store locations, shut their businesses, and file ...
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 ...
Recent SDNY cases support using opt-out procedures for third-party releases in Chapter 11, aligning with courts that see silence or inaction as consent under federal law. The Supreme Court’s Purdue ...
Midwest-based 801 Restaurant Group, parent of 801 Chophouse and 801 Fish, has filed for Chapter 11 bankruptcy to restructure $18.7 million in liabilities. The move follows closures of two affiliate ...
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