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1 day ago · The combined compensation at emergence from bankruptcy was estimated at about $22 million, the Tort Claimants asserted in their objection. The debtor's Official Committee of Unsecured Creditors...
1 day ago · Southwest Airlines Responds. Southwest put out a milquetoast statement that they’re willing to meet and talk strategy, but they are confident of their course.. We are focused on restoring our industry-leading financial performance, the successful execution of our multi-faceted Tactical Action Plan to improve operational performance announced in first quarter 2023, alongside recent technology ...
5 days ago · Williston-based iSun Inc filed for Chapter 11 bankruptcy on Monday, June 3. Also, the SEC delisted iSun as a publicly traded stock. This comes after a significant financial loss in 2023, multiple shakeups in leadership in April, which included the hiring of a restructuring officer, and the canceling of a reverse stock split.
5 days ago · Tex-Mex chain Tijuana Flats Restaurants, which had as many as 123 locations, on April 19 filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Middle District of Florida, sold...
5 days ago · Chapter 11 bankruptcy. The restaurant industry nationwide is facing significant challenges due to the combined impact of Bidenomics and the aftermath of the COVID pandemic, posing a severe threat...
5 days ago · SAN ANTONIO – Thousands of workers are out of work after Zachry Holdings filed for bankruptcy. The San Antonio-based construction firm laid off 4,410 employees the day it filed for Chapter 11...
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3 days ago · We are a full-service bankruptcy law firm providing legal assistance to individuals and families in Northwest Ohio and Southeast Michigan, including Toledo, Bowling Green, Findlay, Monroe, Detroit and the surrounding communities ...
