Part of the problem is the manufacturer of the buses, Proterra, filed for Chapter 11 bankruptcy in August. The company, ...
As well as making its own electric buses, Proterra also acted as a supplier of both charging equipment and battery packs for other EV manufacturers. It filed for Chapter 11 bankruptcy in August 2023.
On Thursday, a U.S. bankruptcy judge approved the chain’s reorganization plan after the chain closed dozens of locations.
Chapter 11 bankruptcy protection earlier this month. It plans to close more than 300 stores as part of its restructuring.
Fast casual chain BurgerFi filed for Chapter 11 bankruptcy Wednesday after months of reporting financial distress. BurgerFi is another casualty of the rough business conditions hitting fast casual ...
Investopedia / NoNo Flores Chapter 11 is a form of bankruptcy that involves the court-supervised reorganization of a debtor's assets and liabilities. It is most commonly used by businesses and is ...
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection as it contends with a pullback in consumer spending and soft sales Discount retailer Big Lots has filed for Chapter 11 ...
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection ...
Chicago-based Mediterranean fast-casual chain Rōti filed for Chapter 11 bankruptcy protection Friday after years of closing restaurants. The company, which operates 10 restaurants in Illinois ...
The number of restaurant chains that have filed for bankruptcy this year grew on Wednesday after BurgerFi International filed for Chapter 11 protection. The company said it filed for Chapter 11 ...
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