September 28, 2026
Spirit Airlines won approval to sell 27 aircraft for $668 million, while Florida's Brightline parent company pursued a restructuring of more than $1 billion in bond debt. Wendy's said one of its largest U.S. franchisees no longer has the right to operate 314 restaurants. Lugano Diamonds secured confirmation of its liquidation plan.
September 25, 2026
Three partners from McDonald Hopkins LLC are counseling Wendy's franchisee Meritage Hospitality Group Inc. in its bid at reorganization.
September 22, 2026
Two restaurant chains hit bankruptcy, saying they were casualties of an erratic economy. A hospice care provider and an operator of mental health facilities filed for bankruptcy protection. And a real estate developer entered bankruptcy court after a dispute involving tribal law.
September 18, 2026
The owner of over 300 Wendy's restaurants has filed for Chapter 11 bankruptcy protection in Michigan with $10 million to $50 million in debt after years of shrinking margins.