Nine months after emerging from bankruptcy, retailer Joann Inc. has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate a sale process to maximize the value of its business. The Hudson, OH-based…
San Diego-based fast casual chain Rubio’s Coastal Grill has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company is taking this action, which followed the closure of 48 locations across California earlier this week, to facilitate…
Red Lobster Management LLC said late Sunday evening that it had filed for Chapter 11 protection in the United States Bankruptcy Court for the Middle District of Florida. The move was widely expected; CNBC reported in April that the seafood restaurant operator was seeking…
Express, Inc. said Monday it had filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware and will close approximately 95 Express stores and all 12 UpWest locations. The Columbus, OH-based retailer has received a…
Atlanta-based hamburger chain Krystal has filed for Chapter 11 Bankruptcy. The company reported assets between $10 million and $50 million, and liabilities between $50 million and $100 million. The fast-food chain operates 182 restaurants across nine states, Georgia, Tennessee, Alabama,…
Buildings at 152 Nassau St. in Downtown Atlanta, recently razed to make way for a Margaritaville Hotel. A developer has taken a large step closer to letting Atlanta visitors waste away in Margaritaville for the first time. Landmark Builders filed permits Monday with…
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