Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

No one sets out in business to fail, but despite our best efforts, this sometimes occurs. The reasons are multiple and varied: Sometimes there is a change in the industry and the business has not been ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Des Moines’ most iconic steakhouse isn’t going anywhere — at least not yet. 801 Restaurant Group, the parent company of the 801 Chophouse chain, filed for Chapter 11 bankruptcy protection on April 10, ...

The parent company that owns the steakhouse chain 801 Chophouse has filed for bankruptcy, but all locations will remain open. The Kansas-based 801 Restaurant Group filed for Chapter 11 bankruptcy on ...

Recent SDNY cases support using opt-out procedures for third-party releases in Chapter 11, aligning with courts that see silence or inaction as consent under federal law. The Supreme Court’s Purdue ...

Midwest-based 801 Restaurant Group, parent of 801 Chophouse and 801 Fish, has filed for Chapter 11 bankruptcy to restructure $18.7 million in liabilities. The move follows closures of two affiliate ...