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Major health care provider CareMax, which operates 56 medical centers across Florida, Texas, Tennessee and New York, filed for Chapter 11 bankruptcy in Texas on Sunday.
2. TGI Fridays. Another blow to America’s dining scene hit in November 2024, when TGI Friday's, a casual family hangout, filed for Chapter 11 bankruptcy. The chain blamed mounting debt and ...
Red Lobster officially filed for Chapter 11 bankruptcy in Florida on Sunday, the company said in a statement Sunday night.. The seafood chain has entered into a "stalking-horse purchase agreement ...
The casual dining destination filed for Chapter 11 bankruptcy protection over the weekend, calling the restructuring an opportunity for TGI Fridays' "go-forward restaurants to proceed with an ...
The healthcare system filed for Chapter 11 bankruptcy on May 6 and says its hospitals and medical centers will remain open during the bankruptcy process. Show comments Advertisement
Terms of an employee contract negotiated over years can be eliminated in months through Chapter 11. Terms of the Railway Labor Act, amended in 1936 to cover airlines, prevent most labor union work actions before, during and after an airline bankruptcy. Continental Airlines declared bankruptcy, Chapter 11, a second time in December 1990.
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