Iconic Tupperware Brands seeks Chapter 11 bankruptcy - AP News
WEB2 days ago · NEW YORK (AP) — Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Orlando, Florida-based Tupperware plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just ...
ANALYSIS: Six Trends in the Latest Chapter 11 Wave - Bloomberg Law News
WEBJun 26, 2023 · Chapter 11 filings are up, promising steady work for bankruptcy and restructuring attorneys for quite a while. I’ve taken a look at Chapter 11 bankruptcy cases that have been filed since the beginning of the year, and have identified six trends that make this latest wave unique.
Chapter 11 Bankruptcy: What You Need To Know - Forbes
WEBFeb 18, 2022 · If your business is behind on its bills, struggling with too much debt and besieged by creditors, you may be able to catch a break with Chapter 11 bankruptcy and get back on track.
ANALYSIS: Chapter 11 Megacases Start the Year Strong - Bloomberg Law News
WEBMay 9, 2024 · 2024 is shaping up to be yet another busy year for Chapter 11 bankruptcy megacases. The data on megacase filings reflects how the current economy has been challenging for certain businesses, yet also rewarding for …
Bankruptcy filings surge in first half of 2023 in US, Epiq says
WEBJul 3, 2023 · U.S. Chapter 11 bankruptcy filings jumped 68% in the first half of 2023 from a year earlier, Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, said on Monday.
Tupperware files for bankruptcy | CNN Business
WEB2 days ago · Many businesses file for bankruptcy protection to wind down some operations, shed debt and cut costs. Chapter 11 bankruptcy is a common route. Tupperware shares have plummeted 74.5% this year and ...
Tupperware files for bankruptcy as its colorful containers lose ...
WEB3 days ago · Sept 17 (Reuters) - Tupperware Brands (TUP.N) and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to declining demand for its once-popular colorful food ...
Red Lobster exits Chapter 11 bankruptcy protection | AP News
WEB4 days ago · Updated 10:59 AM PDT, September 16, 2024. Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection. A U.S. bankruptcy judge approved the casual seafood chain’s reorganization plan earlier this month, which included a lender group led by asset …
WeWork files for bankruptcy in federal court | CNN Business
WEBNov 6, 2023 · WeWork, the beleaguered coworking space company, has filed for bankruptcy, marking a stunning downfall for what was once the world’s most valuable startup. The Chapter 11 bankruptcy...
Big Lots files for Chapter 11 bankruptcy protection | AP News
WEBSep 9, 2024 · Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales. The Columbus, Ohio-based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management.