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 ...

Another national restaurant chain has filed for Chapter 11 bankruptcy protection. According to Newsweek, Bravo Brio Restaurants -- which owns Bravo! Italian Kitchen and Brio Italian Grille -- filed ...

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, ...

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 ...

Senior care facility bankruptcies are expected to rise from 11 in 2024 to 15 in 2025. Major facility operators Cypress Skilled Nursing LLC and Genesis Healthcare Inc. filed for Chapter 11 in 2025.

Provisions in chapter 11 plans releasing non-debtors from liability for pre-bankruptcy conduct in exchange for funding for plan distributions or post-confirmation operations have long been used as a ...

The pharmacy and drugstore retail sector has faced economic issues over the last three years that have resulted in several retailers closing hundreds of stores. Drugstore chain CVS in 2021 revealed it ...

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 ...