Saks Global, the owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has collapsed into Chapter 11 with as much as $10 billion in debt, a dramatic fall for a 159-year-old name in luxury ...

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

Major Popeyes franchisee Sailormen Inc. files for bankruptcy protection, citing $129 million in debt from pandemic impacts, ...

A financial restructuring and bankruptcy team from midsize firm Gutnicki, based in Skokie, Illinois, joined Thompson Coburn in Dallas and New York.

The maker of Roombas said Friday that it would launch the U.S unit, iRobot Safe, as one of several measures to protect U.S. and global consumer data included in the court-supervised restructuring plan ...

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...

Beleaguered luxury retailer Saks Global is close to finalizing $1.75 billion in financing with creditors that would allow its ...

A group of companies owed money by Guardian Elder Care has asked a court to end delays and allow them the chance to chart the skilled nursing chain’s bankruptcy reorganization. Guardian is currently ...

(Reuters) -First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis, as the auto parts maker ...

Bankruptcy filings are on the rise again, and 2026 is already shaping up to eclipse 2025. It’s not a surprise; we’ve been living in a long cycle of easy credit for years, and now the tide is receding.