Formerly bankrupt burger chain rescued by fast-food rival
The fast-food industry has faced financial distress since the Covid-19 pandemic derailed the sector in 2020 as many ...
Packers fans optimistic as Bears visit Green Bay for latest chapter in storied NFL rivalry
When the Packers host the Bears at Lambeau Field Sunday, it will be another chapter in the historic rivalry between the two ...
TGI Fridays was once a hot spot. Now it's dealing with bankruptcy.
TGI Fridays raised $34.5 million for repayment through its sale to restaurant operator Mera Corp., Reuters reports. Mera ...
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Massive Anacostia Apartment Complex Sells Out Of Bankruptcy For $59M
Clear Investment Group bought the 674-unit Marbury Plaza after the previous owner was sued by the city for housing code ...
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Silver Airways Steers into Chapter 11 Bankruptcy, Vows to Maintain Flights Amid Financial Restructuring in South Florida
Silver Airways has filed for Chapter 11 bankruptcy but plans to continue operating and aims to restructure by 2025.
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Following bankruptcy, Melt Bar and Grilled closes permanently
Matt Fish, owner of what was once a 13-unit full-service chain, explained the difficult decision in an emotional Facebook ...
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Mera Global outbids ex-Fridays CEO for airport locations in $34.5M auction
Mera Global LLC, a Mexico-based company, has been awarded the purchase of five TGI Fridays units at the Dallas-Fort Worth ...
Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner ...
Federal hearing expected today on bankruptcy filing from Cold Spring Hills Center for Nursing & Rehabilitation
Meanwhile, the New York Attorney General's Office has argued a state court case involving the potential evacuation of the ...
Parent company of Rick's Dessert Diner files for bankruptcy reorganization
The parent company of Rick's Dessert Diner has filed for Chapter 11 bankruptcy, but an owner said the situation will not ...
High costs, interest rates hit Rick’s Dessert Diner. Owner plans to restructure finances.
Rick’s Dessert Diner, the J Street bakery popular for its rich pastries and late-night hours, will reorganize finances in the wake of rising costs and high interest rates. But the midtown institution ...