News & Analysis as of

Commercial Bankruptcy Price Inflation Chapter 11

Kerr Russell

TGI … Bankruptcy? Another restaurant chain contemplates Chapter 11

Kerr Russell on

Chapter 11 bankruptcy continues to be a featured menu item for struggling restaurant chains. According to Bloomberg, TGI Fridays is the latest restaurant chain to contemplate a Chapter 11 bankruptcy filing. TGI Fridays is...more

Cornerstone Research

Rising Costs from High Inflation and Interest Rates Contribute to a Continued Increase in Large Corporate Bankruptcy Filings...

Cornerstone Research on

Filings in the services, manufacturing, finance, insurance, and real estate industries contribute to year-over-year increase. Large corporate bankruptcy filings continued to climb in the latter half of 2023 through the first...more

Seward & Kissel LLP

The Italian Job, Distribution Channel, Power Struggle, and FDIC You in Court

Seward & Kissel LLP on

Restaurant chain Buca di Beppo files for bankruptcy | Reuters The Italian restaurant chain filed for Chapter 11 bankruptcy, citing assets between $0 to $50,000 and debts of $15 million to $50 million to at least 30 creditors....more

Seward & Kissel LLP

99 Problems, Putting in Work, Sacramento Bee, Same Sad Story, and Unappealing Prospects

Seward & Kissel LLP on

Retailer 99 Cents Only Files for Bankruptcy, Plans to Shut Down | Reuters - Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, and stated that it plans to shut down all of its...more

Rivkin Radler LLP

Debtor Corp’s S Election: “Property” in Bankruptcy?

Rivkin Radler LLP on

Uncertain Future- The Congressional Budget Office (“CBO”) recently released some data for the federal government’s 2023 fiscal year. According to the CBO, the federal budget deficit for the year was $1.7 trillion, or...more

Seward & Kissel LLP

Maybe Bed Bath & Beyond? Big Earn: Coins Property of the Estate, and Not So Good to Be The King

Seward & Kissel LLP on

Bed Bath & Beyond Shares Plummet After Company Warns of Potential Bankruptcy | CNBC On Thursday, Bed Bath & Beyond warned the public of a potential bankruptcy, sending the company’s shares into a 25% plummet. The retailer has...more

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