A self-described “inexperienced” multifamily investor filed for bankruptcy protection on a Houston apartment property — again. Nord Group, which is based in New York, sought Chapter 11 protection for ...

Cumulus Media filed for Chapter 11 bankruptcy to eliminate $600 million in debt. It owns Classy 100, WXTA, Z 102.3 and The Touch 104.3.

Claire's announced Wednesday that it is selling most of its North American business to private equity firm Ames Watson. The jewelry retailer filed for bankruptcy protection earlier this month, citing ...

Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain open as ...

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday. The filing comes ...

A Chapter 11 bankruptcy filing gives business owners an opportunity to continue operating while coming up with a plan to pay off creditors. TGI Fridays files for bankruptcy protection as sit-down ...

The company's two Albuquerque stores will remain open. CEO Kenton Van Harten says the company is 'hopeful this gets resolved.

As the rising costs of operations continue to squeeze cash flow even with strong visitor numbers, a number of small and mid-size hotel and short-term rental platform operators have filed for ...