Business ❯ Finance ❯ Bankruptcy ❯ Corporate Restructuring

Chapter 11

Spirit Files Restructuring Plan to Shrink Fleet to Fewer Than 80 Jets

The filing targets plan confirmation by late May, clearing a route to exit bankruptcy early this summer.

Spirit Recalls About 500 Pilots as It Prepares Bankruptcy Exit

Saks OFF 5TH Liquidation Sales Begin as 57 Stores Close in Bankruptcy Overhaul

Eddie Bauer Operator Prepares Chapter 11, Putting About 180–200 North American Stores at Risk

Pat McGrath Labs Files for Chapter 11, Halts Planned Auction

Twin Hospitality, Owner of Twin Peaks and Smokey Bones, Files for Chapter 11 in Texas

FAT Brands Files Chapter 11 in Texas to Tackle Heavy Securitized Debt

Pat McGrath Labs Files for Chapter 11, Halts Lender’s Auction as Brand Continues Operating

Judge Approves Initial Cash for Saks Global Bankruptcy as Amazon Objects

Saks Global Files for Chapter 11 With $1.75 Billion Financing, Installs Ex‑Neiman Marcus Chief as CEO

iRobot Files for Chapter 11, Sets Deal to Go Private Under Picea Ownership

Michael Johnson’s Grand Slam Track Files for Chapter 11 in Delaware, Discloses $10–$50 Million in Debt

Court Lets Spirit Reject 67 Jet Leases as Carrier Weighs Merger or Sale

Owner Files to Demolish Brooklyn Mirage Structures After Inspection Failures

Spirit Airlines to Furlough 1,800 Flight Attendants on Dec. 1 During Bankruptcy Overhaul

Spirit to Cut November Capacity by 25% as Second Bankruptcy Deepens

Delta Ends JFK–Brussels Nonstop in January, Shifts Brussels Service to Atlanta in March 2026

Pinstripes Files Chapter 11, Closes 10 Locations as Creditor-Led Sale Moves Forward

Spirit Slashes Service to 11 Cities Next Month as Second Bankruptcy Triggers Network Reset

Avant Gardner Files for Chapter 11 Bankruptcy After Brooklyn Mirage Reopening Failure