Bankruptcy Newswire

Firms faced 'summer of sorrow' as corporate insolvencies hit four-month high

Nearly 2,000 companies entered insolvency processes in August, according to official figures, as firms grappled with falling sales and mounting financial pressures. Nick Cusack, an insolvency practitioner at Azets - a UK top 10 accountancy and advisory …

Construction insolvencies increase as ‘long-term uncertainty’ weighs down sector

Construction insolvencies rose to 294 in August this year, up 0.7% from 292 in August last year, amid “uncertainty over future pipeline allocation and mobilisation.” The latest company insolvency statistics identified that insolvencies for specialised …

IBBI draft to improve personal guarantor insolvency process

The Insolvency and Bankruptcy Board of India (IBBI) has invited public comments on draft rules, aiming to improve the corporate insolvency resolution process for personal guarantors. A personal guarantor acts as a surety of payment for a corporate debtor, …

Sheffield United co-owner's insolvency defence raises fresh question over EFL's 'fit and proper' rules

Sheffield United co-owner Steven Rosen has sought to dismiss concerns over his position under the EFL’s owners’ and directors’ test, despite having been a director of two companies that subsequently entered insolvency proceedings. Steven Rosen, the …

Business insolvencies hit record high, ‘skewed’ by Bathla collapse

The number of businesses collapsing into insolvency surged 66 per cent to a record high in August, as rising interest rates and higher fuel costs take their toll on the construction sector. The collapse of Sydney residential developer Bathla Group …

Bankruptcy Sale Shows Challenge Of Finding Buyers For Small-Market Radio.

The $550,000 deal to sell bankrupt radio operator Global One Media has collapsed, with the same buyer now getting the company’s broadcast assets for just $80,000 while its New Mexico real estate heads toward foreclosure. The dramatic reduction comes after …

Bankruptcy Trustee Files Comprehensive Settlement with Second Consignment Group

The bankruptcy trustee in the Diamond Comic Distributors bankruptcy case has filed a motion outlining a comprehensive settlement with consignment vendors not covered by the settlement agreement motion filed in August (see "Settlement Proposed") …

Orange Peel Bakery Files for Bankruptcy

An Aquinnah select board member and prominent business owner has filed for bankruptcy after she was sued for allegedly not paying a pair of former workers. Juli Vanderhoop, the owner of Orange Peel Bakery, filed for bankruptcy in March. With those …

UK dives further into bankruptcy as Labour promises ‘tough decisions’ to impose capitalist crisis on workers

Labour chancellor John Healey will face ‘tough decisions’ in his first budget due next month, according to Emma Reynolds, the Chief Secretary to the Treasury. Reynolds was responding to the latest figures from the Office for National Statistics (ONS) which …

Wendy's dealt yet another blow as one of its biggest franchisees files for bankruptcy - leaving the burger chain even ...

Wendy's has been dealt another major blow after one of its biggest franchisees filed for bankruptcy protection, piling more pressure on the struggling burger chain. Meritage Hospitality Group, which operates 314 Wendy's restaurants across 15 states …

Meghan Markle could go ‘bankrupt by year’s end’ as $5M loss looms: Report

Amid ongoing reports about alleged financial struggles involving her and Prince Harry, reports suggest that Meghan Markle might face an estimated $5 million loss. Despite starting her As Ever brand with high hopes of capitalizing on her fame, Markle is now …

Wendy’s claims bankrupt franchisee has no right to continue running 314 units

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Wendy's, through subsidiary Quality Is Our Recipe, filed an objection to Meritage Hospitality Group' …

Wendy's franchisee files for bankruptcy. Any Florida locations closing?

Updated Sept. 22, 2026, 3:22 p.m. ET One of Wendy’s largest franchisees has filed for bankruptcy, citing profitability issues and beef prices. Meritage Hospitality Group owns 314 Wendy’s locations in 15 states, including 44 in Florida. Among the reasons …

Fort Worth's Village Homes Emerges From Bankruptcy After Rival Tried to Block It

Village Homes, a Fort Worth homebuilder that has put up 1,500 houses across the metro since 1996, has officially emerged from Chapter 11 bankruptcy after a federal court approved its reorganization plan. The exit comes more than nine months after the …

Wendy's franchisee files bankruptcy. 24 TN locations could close

Sept. 22, 2026, 1:57 p.m. ET One of the largest Wendy's franchisees, Meritage Hospitality Group, has filed for Chapter 11 bankruptcy. The franchisee cited decreased sales, ineffective marketing, and record-high beef prices as reasons for the filing. …

Top Wendy's Franchisee Meritage Files for Chapter 11 Bankruptcy

In this situation, Chapter 11 is a smart, proactive move. Restaurants stay open, roughly 9,000 team members keep getting paid and vendors will continue to be compensated for goods delivered going forward. After more than a year of good-faith work, a court- …

Company Behind Numerous Missouri Wendy’s Files for Bankruptcy

If you're a fan of the burger chain Wendy's and you live in Missouri, there's an alarming new report that a major franchisee that operates numerous Wendy's locations in Missouri has just filed for bankruptcy protection. This first ended up …

Japan's Bento Shops Face Record Wave of Bankruptcies

TOKYO - Bankruptcies among Japan's bento shops are surging, with 83 businesses failing in the first eight months of 2026, putting the industry on course to surpass last year's record of 89 as rising ingredient costs and intensifying competition …

Wendy's franchisee files for bankruptcy. Any Florida locations closing?

BoyarMiller Attorneys Listed in 2026 Texas Super Lawyers Recognition

Ten BoyarMiller Attorneys earn 2026 Texas Super Lawyers recognition across corporate, real estate, litigation, probate and employment law recognition. HOUSTON, TX, UNITED STATES, September 23, 2026 /⁨EINPresswire.com⁩/ -- Executive Summary: Ten …

braendz Closes Pre-Seed Funding Round to Bring AI-Powered Trademark Intelligence to Market

ROYAL GROUP BUILDING, SINGAPORE, September 23, 2026 /⁨EINPresswire.com⁩/ -- braendz Closes Pre-Seed Funding Round to Bring AI-Powered Trademark Intelligence to Market Funding supports development as braendz prepares its first commercial release …

EB1A Experts Analyzes Key Patterns Across 200+ Tech-Sector EB-1A Approvals

EB1A Experts presents data analysis across 200+ tech petition approvals, outlining evidence trends for engineers, architects and startup founders. CA, UNITED STATES, September 23, 2026 /⁨EINPresswire.com⁩/ -- EB1A Experts is an immigration profile …

braendz Closes Pre-Seed Funding Round to Bring AI-Powered Trademark Intelligence to Market

ROYAL GROUP BUILDING, SINGAPORE, September 23, 2026 /⁨EINPresswire.com⁩/ -- braendz Closes Pre-Seed Funding Round to Bring AI-Powered Trademark Intelligence to Market Funding supports development as braendz prepares its first commercial release …

Stockton Broker Lance McHan Releases Fall Guide as San Joaquin Home Markets Diverge

Former appraiser Lance McHan says county averages mask diverging markets in Stockton, Lodi and Manteca, and outlines three pricing steps for fall sellers. STOCKTON, CA, UNITED STATES, September 23, 2026 /⁨EINPresswire.com⁩/ -- Lance McHan, …

TIN Comply Launches TINCompliance.com, a Free 1099 Compliance Resource

Free guides, calculators, templates and a 2026–2027 calendar for teams handling TIN matching, B-Notices, backup withholding and 972CG penalties. AUSTIN, TX, UNITED STATES, September 23, 2026 /⁨EINPresswire.com⁩/ -- TIN Comply today launched …

MANCINI SHENK FOUNDING PARTNERS EARN LAWDRAGON 'LEADING LITIGATORS IN AMERICA' RECOGNITION FOR SECOND CONSECUTIVE YEAR

LOS ANGELES, CA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Mancini Shenk LLP announced today that Founding Partners Michael Mancini and John Shenk have been recognized in the Lawdragon 500 Leading Litigators in America Guide for …

CalCSA Applauds Probate Notification Reform for Child Support

SACRAMENTO, CA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Governor Gavin Newsom signed into law SB-1264, legislation recently passed by the California State Legislature to secure additional child support payments through probate …

Parrish Law Firm Secures $136,000 Settlement in Manassas Rear-End Collision

The case involved extensive cervical treatment and more than $80,000 in medical expenses after a driver was struck while stopped at a red light. MANASSAS, VA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- The Parrish Car Accident & …

Five Cantor Grana Buckner Bucci Partners Receive 2026 Super Lawyers® Honor

RICHMOND, VA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Cantor, Grana, Buckner, Bucci, P.C. is humbled to announce that three additional partners with the firm earned 2026 Virginia Super Lawyers® and Rising Stars® recognition, …

Krown Technologies Announces KROWN Web3 Browser With Hybrid Post Quantum Security

Company invites offers for four long term sidebar placements with sector exclusivity MONROE, LA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Krown Technologies Inc. today announced KROWN, a Web3 browser in development that brings …

FOUR MUSICK PEELER & GARRETT PARTNERS NAMED TO LAWDRAGON’S 2027 “LEADING LITIGATORS IN AMERICA” GUIDE

LOS ANGELES, CA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Musick Peeler & Garrett LLP announced today that four of its attorneys have been selected to the Lawdragon 500 Leading Litigators in America Guide for 2027. The annual list …

Kapture Goes Live With First-of-Its-Kind E-Sign Technology: Unlimited E-Signatures With Recordings, $15 a Month

Las Vegas company KX21 turns on Kapture, one tool that does the job of three vendors. 2,000 Free Tokens to start. No contract, no charge per user. LAS VEGAS, NV, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- KX21, Inc. has turned on Kapture. …

Law Firm GC Expands Corporate Practice with Addition of Jeremy Motlagh as Counsel

Law Firm GC, a boutique law firm serving lawyers and law firms throughout the United States, announced that Jeremy Motlagh has joined the firm as Counsel. ATLANTA, GA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Law Firm GC, a boutique law …

ECF South LA Art Center Annual Showcase Expands Recognition for Artists With Developmental Disabilities

ECF's annual art showcase and sale reflect a lifespan approach to visibility, economic participation, and opportunity throughout adulthood. LOS ANGELES, CA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Artists with developmental …

SKH Family Law & Estate Planning Opens Southern Oregon Office

SKH’s Medford office strengthens the firm’s longstanding commitment to serving clients and communities throughout Southern Oregon MEDFORD, OR, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- SKH Family Law & Estate Planning is …

MyLegal Wins 2026 Award for Legal Technology and Service Provider Innovation

The award recognizes MyLegal’s platform capabilities orchestrating AI/data and enterprise systems to transform Hyundai Motor America’s breach of warranty claims EL DORADO HILLS, CA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- …

Wheaton, IL Family Law Firm Recognized With Honors From Best Lawyers for 2027

WHEATON, IL, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Mirabella, Kincaid, Frederick & Mirabella, LLC is proud to share that 13 of its attorneys have received accolades from Best Lawyers for 2027, reflecting the firm’s long …

Glendale Law Firm Court House Lawyers Explains Why Lemon Law Buyback Checks Should Go Directly to Consumers

A California lemon law firm hands clients their buyback check at surrender and takes no cut. Here's why the practice is rare and why it matters. LOS ANGELES, CA, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- When a California lemon …

Orland Park, IL Personal Injury Lawyers Named in 2027 Best Lawyers Awards

ORLAND PARK, IL, UNITED STATES, September 22, 2026 /⁨EINPresswire.com⁩/ -- Schwartz Injury Law is excited to announce that Attorneys Michael S. Shinsky, Olivia N. Schwartz, and David A. Brody have been selected for the 2027 Best Lawyers “Ones to …