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Hooters preparing to file bankruptcy

Hooters in Talks to Prepare a Bankruptcy Filing in Coming Months

Hooters of America is working with creditors on a plan to restructure the business through bankruptcy court in the coming months, according to people with knowledge of the arrangements.

The Independent on MSN · 38m

Hooters preparing to file bankruptcy after shuttering dozens of stores in 2024, report says

Hooters of America is reportedly working with its creditors on restructuring its business via bankruptcy, according to a new report in Bloomberg. According to the report — which cites sources with knowledge of the proceedings — Hooters is working with the Ropes & Gray law firm to prepare a filing.

New York Post on MSN · 1h

Hooters prepares to file for bankruptcy amid declining foot traffic: report

Hooters — famous for dressing its waitress in tight-fitting T-shirts to sling wings and beer — could be going belly-up. The casual dining chain is preparing for a potential bankruptcy filing as it works with creditors on a plan to restructure its operations,

Suggest on MSN · 2h

Hooters Plans Bankruptcy Filing After Dozens of Closures

Hooters, famous for its hot wings and, well, “scenic views,” is reportedly gearing up to file for bankruptcy. It’s yet another American restaurant chain finding itself in hot financial water in recent months.

Spirit Airlines recovery plan approved by court

TravelPulse on MSN · 4h

Court Approves Spirit Airlines’ Reorganization Plan

Spirit Airlines, Inc. received court approval for a $795 million funded debt equitizing plan on February 20, which the company expects to alleviate its Chapter 11 bankruptcy. After struggling to recover following the pandemic and a failed merger with JetBlue that was blocked by the federal government citing anti-competitive concerns,

Monitordaily · 8h

Spirit Airlines Receives Court Confirmation of Reorganization Plan

Spirit Airlines’ plan of reorganization was confirmed by the United States Bankruptcy Court for the Southern District of New York. With this approval in place, the company expects to emerge from Chapter 11 in the coming weeks.

CNN · 3h

Spirit Airlines gets court approval for $795 million debt deal

A U.S. bankruptcy judge on Thursday approved Spirit Airlines’ SAVEQ.PK debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private company.

3hon MSN

Haiti orphanage founder convicted in US court of abusing minors faces lengthy prison term

A jury in Miami has convicted the founder of an orphanage in Haiti of sexually abusing boys at the facility in Port-au-Prince ...

Joann Inc. assets head to auction in bankruptcy court

The assets of Joann Inc., a Hudson, Ohio-based fabric and craft retailer, and its subsidiaries are set to be auctioned by order of the U.S. Bankruptcy Court in Delaware on Feb. 21.

3don MSN

What J&J Is Trying to Achieve in Bankruptcy Court

Johnson & Johnson begins a two-week trial on Feb. 18 over its plan to end tens of thousands of lawsuits filed by women or ...

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Hooters preparing to file bankruptcy

Spirit Airlines recovery plan approved by court

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