Blink Fitness — whose gyms charged as little as $15 a month — files for bankruptcy
Blink Fitness has filed for Chapter 11 bankruptcy protection after struggling to win back gym-goers who canceled their memberships during the pandemic, the company announced Monday. Founded in New York City in 2011, the low-cost fitness chain charges $15 to $40 per month for membership, according to its website. Blink, which has more than 100 […]
Minnesota bar owner says ‘evil’ Tim Walz forced her into bankruptcy with COVID closures
A former Minnesota bar owner who now commutes two hours each day to sell beer in neighboring Wisconsin said the state’s strict pandemic-era lockdowns have “devastated” local businesses and brought economic ruin to people who have stepped up to earn a living. “I think he’s an evil man who has overstepped his role as governor. […]
Italian restaurant chain Buca di Beppo files for Chapter 11 bankruptcy
Italian restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy protection on Monday, citing declining sales, rising food and labor costs and staffing shortages. The Florida-based company, known for its family-style meals, is the latest restaurant company to file for bankruptcy this year, joining Red Lobster and Rubio’s Coastal Grill, among others. According to […]
Giuliani’s bankruptcy formally dismissed, freeing Georgia election workers to seek $148M
A judge formally closed Rudolph Giuliani’s bankruptcy proceedings on Friday after he and his creditors resolved a dispute over how to pay his administrative fees. The formal order lifts bankruptcy protection that has allowed the administration of assets for months and resumes an attempt by two Georgia election officials to recover $148 million in defamation […]
Rudy Giuliani agrees to deal to end his bankruptcy case, pay creditors’ financial adviser $400k
Rudy Giuliani has reached a last-minute agreement to exit personal bankruptcy proceedings and pay about $400,000 to financial advisers hired by creditors, avoiding a sweeping investigation into the former New York mayor’s finances that a federal judge had threatened. The agreement was filed Wednesday in federal court in White Plains, New York. This came nearly […]
Badcock, Conn’s Furniture Stores Closing Hundreds of Locations Due to Bankruptcy
Badcock Home Furniture & More, a 120-year-old retailer based in the southern US, is going out of business after announcing on Tuesday that it would close all of its roughly 400 stores. Badcock, which has more than 380 stores in Florida, Alabama, Mississippi, Tennessee, North Carolina, South Carolina, Georgia and Virginia, is owned by Corne’s, […]
Giuliani threatened with return to bankruptcy court over fee
Hey Rudy, where’s the money? A federal judge seems to be wondering that, warning that he may have to drag former New York City Mayor Rudy Giuliani to court after he claimed he had too little money to pay administrative fees in his recently dismissed bankruptcy case. The formal dismissal of the lawsuit has been […]
NYC’s Gotham Restaurant files for bankruptcy after $45K cyberscam
New York City’s famed Gotham Restaurant has filed for bankruptcy after 40 years in Greenwich Village, two months after a $45,000 cyber fraud forced its owners to close the popular eatery. Gotham Restaurant owner Brett Chensitz filed for Chapter 11 bankruptcy protection this week, according to court documents. Chenchits decided to close the restaurant in […]
Economic Crisis Claims Another Victim As More Than 130 Pizza Hut Locations File For Bankruptcy
Pizza Hut franchisee EYM Pizza LP filed for Chapter 11 bankruptcy protection on Monday. The lawsuit in the Eastern District of Texas could result in the closure of about 140 Pizza Hut locations across the South and Midwest. according to To NRN: EYM apparently owes Manufacturers Bank more than $21 million and Pizza Hut itself […]
Home goods retailer Conn’s files for bankruptcy, closing over 70 stores
Home goods and furniture retailer Conn’s Inc. filed for Chapter 11 bankruptcy protection on Tuesday and announced plans to close several stores. The company announced it would close more than 70 HomePlus stores across 13 states. Corns filed for bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. FOX Business has […]