Spirit reaches deal to exit 2nd bankruptcy
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Standard Freight Logistics Inc., a nearly 20-year-old long-haul carrier with 57 drivers, filed for Chapter 11 bankruptcy protection on Monday. The post Florida carrier with 57 drivers files for Chapter 11 bankruptcy appeared first on FreightWaves.
Chapter 11 bankruptcy allows a company to reorganize its debts and business operations under court supervision while continuing to operate. In connection with the filing, IPIC said it issued notices to employees under the federal Worker Adjustment and Retraining Notification Act, commonly known as the WARN Act.
The Great Freight Recession led to dozens of trucking, logistics, and shipping companies filing for Chapter 11 bankruptcy protection in 2025 to reorganize their businesses, restructure their debt obligations,
Pat McGrath Labs secured new funding that supports its reorganization and leadership changes. On Feb. 17, the company announced $30 million in financing from existing lender GDA PMG Funding, Retail Dive reports.
Bitcoin miner seeks bankruptcy protection after facility fire.
Glenwood Caverns Adventure Park filed for Chapter 11 bankruptcy protection on Monday following a more than $116 million wrongful death judgment last year tied to the 2021 death of 6-year-old Wongel Estifanos.
Four months after halting production, Harrisburg Dairies Inc. in Harrisburg has filed for Chapter 11 bankruptcy protection, according to court documents. The bankruptcy, which allows businesses to reorganize and restructure debt,
Eddie Bauer LLC has filed for Chapter 11 bankruptcy protection in New Jersey after reaching a restructuring agreement with its secured lenders. The
RAMH Entertainment LLC, operating as All-Star Jump, has filed for Chapter 11 bankruptcy in Spokane, listing significant liabilities in court filings.
Spirit Airlines is hoping to clear some major turbulence and emerge from its second bankruptcy in less than 18 months.The budget airline's plan to exit bankruptcy in late spring or early summer was announced in a news release on