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Bankruptcy

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How 36-Year-Old Damola Adamolekun, The Former CEO Of P.F. Chang’s, Is Leading Red Lobster’s Comeback From Bankruptcy

Red Lobster CEO Damola Adamolekun is leading a bold comeback with strategy, culture, and innovation at the heart of his vision.

Oct 14, 2025

T-Boz Explains How TLC Bought Back The Rights To Their Name Along With The Amount They Paid For Each Letter

TLC paid $3 million to reclaim their name, securing their legacy after financial struggles and the loss of Lisa “Left Eye” Lopes.

Jul 17, 2025

Del Monte Foods Secures $912.5M As It Enters Voluntary Chapter 11 Bankruptcy

Del Monte Foods seeks a court-supervised sale as it joins a growing list of companies hit by rising costs and shifting consumer trends.

Jul 7, 2025

Hooters Files For Chapter 11 Bankruptcy, Here's What's Happening

The Hooters bankruptcy is the latest filing from a major restaurant brand. It signals a major shift in the industry and economy.

Apr 1, 2025

Spirit Airlines Bankruptcy Filing Comes After $2.2B Loss

Last week, Spirit Airlines announced it was in talks with creditors and unable to complete third-quarter financials.

Nov 18, 2024

Here's Everything We Know About Alex Jones' Infowars Auction

Outside of the Infowars auction, many of Alex Jones' personal assets are also being liquidated to help pay his legal bills.

Nov 10, 2024

Snoop Dogg, Who Today Has An Estimated Net Worth Of $160M, Admitted That He Was Once Advised To File For Bankruptcy

During an interview, Snoop Dogg revealed that due to bad business deals he once found himself on the verge of bankruptcy.

Dec 27, 2023

VICE Media Group Files For Bankruptcy And Reaches Agreement For $225M Sale

On May 15, VICE Media Group announced that it had filed for Chapter 11 bankruptcy and reached a $225 million sale agreement.

May 16, 2023

George Foreman Nearly Went Bankrupt In 1986. In 2024, He Has An Estimated $300M Fortune

George Foreman is most known as a boxer and for that famous indoor grill. But did you know, he almost went bankrupt?

Mar 15, 2023

How Vince Young Wiped Out Over $25M Thanks To His Love For The Cheesecake Factory And Other Spending Habits

Vince Young is best known for his time with the Tennessee Titans and his earning of millions. But some bad habits led to eventual bankruptcy.

Mar 8, 2023

Byron Allen Buys Black News Channel Out Of Bankruptcy For $11M

After filing for bankruptcy in March 2022, the Black News Channel has been purchased by Bryon Allen for $11 million.

Jul 21, 2022

Black News Channel Receives $1.6M From Billionaire Shahid Khan Following Bankruptcy Filing

Black News Channel request for $1.6 million loan from its owner Shahid Khan is granted by Judge Karen Specie.

Apr 22, 2022

Posting On Social Media May Have Just Caused Young Buck's Bankruptcy Case To Take A Bad Turn

Young Buck might be in a bit of trouble thanks to some ill-advised social media posts, which have jeopardized his bankruptcy filing.

Nicole Barham Says She Turned Her Experience With Bankruptcy Into A Way To Make Over $100K Per Quarter

Nicole Barham's Design Your Wealth business started as a side hustle and now brings her over $100,000 per quarter.

Mar 18, 2022

Trick Daddy's Bankruptcy Case Explodes — $150K Net Worth Offset By $23K In Debts

Trick Daddy has been running afoul of his bankruptcy filing as of late, and if he doesn't clear up the debt soon, he will be in trouble.