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Chapter 11, Italian restaurant
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Oi SA’s pursuit of a Chapter 11 filing has hit a snag in US bankruptcy court, leaving the Brazilian phone carrier unable to free up collateral to pursue immediate financing for its unpaid bills.
China Live may restructure under Chapter 11 as it faces $6.7 million in overdue rent and uncertain tenancy in SF's Chinatown.
Chapter 11 bankruptcy is known as “reorganization” bankruptcy. This chapter allows businesses and individuals with high-value assets to develop a repayment plan to satisfy creditors over time.
Merit Street Media wants its case dismissed after it couldn’t pay the legal fees needed to remain in bankruptcy.
The restaurant chain owes hundreds of thousands of dollars to multiple landlords and property managers in different states, including $335,000 owed to a restaurant supplier in Illinois.
Starting in March 2025, its DBT increased to 11. The company’s DBT then rose to 18 in April 2025 and reached a high of 20 in ...
Companies increasingly are failing to pay the bills they rack up in chapter 11 for goods and services, leaving suppliers and ...
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