Former Cincinnati-based company Omnicare has filed for Chapter 11 bankruptcy protection. Parent company CVS Health stated the bankruptcy will be used to address financial challenges and explore ...
The pizza restaurant industry is one of the most competitive dining sectors in the U.S., with two pizza giants ranking among the Top 8 of all fast-food chains based on locations in 2025. Domino’s had ...
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Chapter 7 vs. Chapter 11: What's the Difference?
Companies in dire financial situations where bankruptcy is their best—or only—option have two main choices in the U.S.: Chapter 7 bankruptcy or Chapter 11 bankruptcy. Both are also available to ...
Spirit Airlines filed for Chapter 11 bankruptcy protection for the second time in less than a year on Friday. The company had avoided bigger changes to cut costs, like getting rid of planes or more ...
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