Tag: bankruptcy
Major commercial truck company files for Chapter 11 bankruptcy
The commercial truck industry has been facing significant economic challenges over the past year, leading to the closure…
Factbox-Biggest US retail collapses in recent years as Saks Global files for bankruptcy
Saks Global, a conglomerate of department stores that includes luxury chains Saks, Neiman Marcus, and Bergdorf Goodman, filed…
Saks Global Files For Bankruptcy Amid Mounting Debt
The luxury retail industry is facing a major shakeup as Saks Global, one of the most iconic names…
Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case
Luminar, a prominent lidar-maker, is currently facing challenges with its founder and former CEO, Austin Russell, as he…
80-year-old Home Depot rival shuts down location, no bankruptcy
The hardware retail industry has long been dominated by giants like Home Depot and Lowe's, leaving smaller players…
JS Mobility: Bankruptcy takes out two
JS Mobility is back with all the latest updates on the future of transportation. If you want to…
How Luminar’s doomed Volvo deal helped drag the company into bankruptcy
The rise and fall of Luminar, a once-promising lidar sensor company, is a cautionary tale of big promises…
Byju’s founder to appeal U.S. court order to pay over $1B in bankruptcy case
Byju Raveendran Faces $1.07 Billion Order in U.S. Bankruptcy Court Byju Raveendran, the founder of Byju's, a prominent…
Huge Dairy Queen rival franchisee files for Chapter 11 bankruptcy
Consumers have a special place in their hearts for frozen dessert fast-food chains, and it's always disappointing when…
Another popular Mexican chain files Chapter 11 bankruptcy
The past few years have been challenging for Mexican restaurants, primarily due to consumers curtailing their spending and…
Major health care product company files for Chapter 11 bankruptcy
In 2025, the surge of bankruptcy filings among health care providers, organizations, and hospitals that had characterized the…
After Chapter 11 bankruptcy, furniture chain closes all stores
When a business files for Chapter 11 bankruptcy, it typically presents a plan that outlines its intended outcomes.This…