#bankruptcy

Leslie's Prepares Chapter 11 Filing as Soon as Next Week in Houston https://www.wsj.com/pro/bankruptcy/leslies-prepares-chapter-11-filing-as-soon-as-next-week-in-houston-a2e04917?mod=rss_markets_main #Business #Bankruptcy #Finance

Taking Spirit's Lead: United Airlines Is Ceasing Operations After Learning You Can Do That #UnitedAirlines #AirlineNews #Bankruptcy #AirlineLiquidation #IndustryShakeup https://www.clickhole.com/2026/06/09/taking-spirits-lead-united-airlines-is-ceasing-operations-after-learning-you-can-do-that/

In case you’re looking for a #reason to be concerned about the #world and the daily #news aren’t quite cutting it, the UN declares the era of global #water #Bankruptcyhttps://news.un.org/en/story/2026/01/1166800

The sudden bankruptcy of Zentoshin, an Osaka-based credit-payment processor, has ensnared its clients — mainly bars, clubs and restaurants, with many now asking customers to pay in cash or with a QR code payment. https://www.japantimes.co.jp/business/2026/07/14/companies/zentoshin-kabukicho-bar-cash/?utm_medium=Social&utm_source=mastodon #business #companies #zentoshin #bankruptcy #tokyo #kabukicho #restaurants #hostbars #creditcards

EchoStar Prepares Dish DBS Bankruptcy Filing as Soon as Tuesday https://www.wsj.com/pro/bankruptcy/echostar-prepares-dish-dbs-bankruptcy-filing-as-soon-as-tuesday-b028dfe6?mod=rss_markets_main #Finance #Business #Bankruptcy

PBS NewsHour - The Latest | After Spirit Airlines shutdown, how passengers can get home and get refunds by Sally Ho, Associated Press AI generated summary, Read the full article for complete information. The U.S.‑based Spirit Airlines has ceased operations, leaving passengers scrambling for alternatives and refunds; major carriers—including American, United, Delta, JetBlue, Frontier, Southwest and Allegiant—are offering “rescue fares” and reduced‑price tickets on routes that overlapped Spirit’s network, with limited‑time windows for booking (e.g., Southwest’s in‑person offer through May 6 and United’s two‑week online window). Spirit says it will automatically refund credit‑ or debit‑card purchases, while travelers who booked through agencies, vouchers, credits or points must pursue refunds through those channels or through the bankruptcy process. The DOT advises filing a charge‑back under the Fair Credit Billing Act, and passengers with travel insurance or credit‑card coverage should check for insolvency protection. The National Consumers League urges travelers to keep all booking documentation and act quickly, as deadlines for refunds and insurance claims can be tight. American and United are adding capacity—larger aircraft and extra flights—on affected routes, Southwest is matching Spirit’s elite status, and Hertz is providing discounted one‑way rentals; Spirit employees stranded on trips will receive assistance from other airlines and recruitment support for displaced staff. Read more: https://www.pbs.org/newshour/economy/after-spirit-airlines-shutdown-how-passengers-can-get-home-and-get-refunds #SpiritAirlines #DOT #airtravel #airlines #bankruptcy

Salon.com | Spirit Airlines collapses after bailout efforts fail by CK Smith AI generated summary, Read the full article for complete information. Spirit Airlines abruptly halted all flights on May 2, 2026, entering an “orderly wind‑down” after a proposed $500 million federal bailout fell through, ending its 34‑year run as a major ultra‑low‑cost carrier. The airline cited sharply rising fuel prices, persistent debt, and recent bankruptcy filings as reasons it could not sustain operations, and it began processing refunds while shutting down customer service. The collapse leaves roughly 17,000 employees jobless and strands thousands of travelers, prompting federal officials and other airlines to act to curb fare spikes and rebook passengers, while highlighting the broader uncertainty for budget air travel models in a high‑cost environment. Read more: https://www.salon.com/2026/05/02/spirit-airlines-collapses-after-bailout-efforts-fail/ #SpiritAirlines #airtravel #airline #bankruptcy

Restaurant Group With 2,200 Locations Files for Chapter 11 Bankruptcy https://www.eatthis.com/restaurant-group-2200-locations-files-chapter-11/ #Restaurants #Bankruptcy #RestaurantChains