Today (Thursday), it was disclosed that Bitflyer, a Japanese cryptocurrency exchange, has acquired the Japanese operations of FTX, which had previously filed for Chapter 11 bankruptcy protection in November 2022. FTX Japan was among over 100 affiliated entities included in the bankruptcy proceedings.

Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing.

The restaurant industry has endured economic hardship this year as several restaurant chains have filed for Chapter 11 bankruptcy reorganization as well as Chapter 7 liquidation.

CAKE reportedly faced financial hardships before filing for bankruptcy on February 1, 2024. The Swedish brand cited socioeconomic conditions and the lack of venture capital for companies in later stages of development. But today, CAKE quietly announced new ownership and the formation of a small team dedicated to moving the brand forward.

Fisker on Monday became the latest all-electric vehicle startup to file for Chapter 11 bankruptcy protection amid lackluster consumer demand, significant cash burn and operational and product issues.

The U.S. craft beer industry has been dealing with growing pains over the past 10 years, as the amount of brewery closings have been rising steadily just as new brewery openings have also been spiking.

A U.S. bankruptcy judge has approved the sale of the majority of Express Inc. ‘s operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores.

WeWork, previously mired in financial distress, successfully exited from Chapter 11 bankruptcy this Tuesday, June 11, bringing in John Santora, a seasoned commercial real estate expert, as its new CEO, replacing David Tolley who had led the company through its recent financial restructuring.

AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring team provides valuable knowledge and experience in the areas of commercial debt restructuring, settlements, bankruptcy trusteeships, fiduciary work, and bankruptcy and creditors’ rights litigation.