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Rite Aid CEO’s $20M salary causes dispute among its bankruptcy lenders
NJ.com· 3 days agoRite Aid’s CEO is on track to receive $20 million in salary, but the company’s bankruptcy lenders...
Dartmouth Mall owner says company stronger after emerging from 2nd voluntary bankruptcy
The Standard-Times via Yahoo Finance· 18 hours agoPREIT had filed voluntarily for Chapter 11 bankruptcy before on Nov. 1, 2020, and emerged...
Red Lobster could close 6 South Florida restaurants amid bankruptcy - South Florida Business Journal
The Business Journals· 13 hours agoA recent filing in the Red Lobster bankruptcy case showed the Orlando-based restaurant chain may...
Bankruptcy Watch: Popular retailer closes stores, websites down
TheStreet.com· 2 days agoThe chain has not made a formal bankruptcy filing, but layoffs, store closures, and non-functioning websites are not good signs.
New Philadelphia location among nine Red Lobsters slated to close soon in Ohio
Gannett via AOL· 19 hours agoOther business news: "Exciting day for Newcomerstown...said company CEO Jonathan Tibus. "It allows...
Red Lobster's bankruptcy threatens closures in major Florida cities like Orlando, Tampa & Miami
WOFL via Yahoo Finance· 3 days ago"This restructuring is the best path forward for Red Lobster," CEO Jonathan Tibus said in a news...
Steward, Cano and more: 5 recent healthcare bankruptcies
Becker’s Hospital Review· 1 day agoPrivate equity firms, which owned 21% of the healthcare companies that filed for bankruptcy last year, have come under greater scrutiny by lawmakers and other healthcare stakeholders ...
An inside look at the weekend the GameStop frenzy began on WallStreetBets
Business Insider via Yahoo Finance· 3 hours agoThe anger that began to pick up played right into the fury toward hedge funds that had emerged the...
Hornblower Group Receives Court Approval for Financial Restructuring Plan
Morning Times· 4 days agoBankruptcy Court for the Southern District of Texas has confirmed the Company's Plan...Reorganization (the "Plan"). Hornblower expects to successfully complete its financial ...
Brevard's two Red Lobsters targeted for possible closing as part of Bankruptcy Court process
Florida Today via Yahoo Finance· 4 days agoAs part of the Bankruptcy Court filings, Red Lobster said it "has entered into a stalking-horse...