Online used car buying seemed like a good idea when the Covid-19 pandemic hit in 2020. Consumers could shop online at one of ...

The Chapter 11 process enables the Company to challenge claims by creditors and, if deemed valid, establish a structured repayment plan over time while continuing to operate its business. Gaucho ...

In a press release, True Value said it will continue day-to-day operations of selling hardware and other homeware tools to its 4,500 independently operated locations during the Chapter 11 process ...

The pre-packaged Chapter 11 will now go ahead after gathering the support of 73% of noteholders and 97% of RCF Lenders, enough to implement the restructuring. Shareholders will not be diluted ...

A few weeks ago, Bloomberg reported that the chain is “huddling with lenders” for a cash infusion to keep it operating while it navigates the Chapter 11 process. TGI Fridays “will likely use ...