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Business

“Bankruptcy Update: Ruby Tuesday Files Chapter 11 While Progress Slows For JCPenney”

“Casual food chain Ruby Tuesday filed for Chapter 11 protection on Wednesday. The Tennessee-based company became just the latest in a string of major brands to file for bankruptcy in 2020 — a year where virtually every type of brick-and-mortar business suffered due to the coronavirus pandemic.… Continue Reading…

Business

“Chuck E. Cheese parent files for Chapter 11 bankruptcy”

“Chuck E. Cheese’s parent company CEC Entertainment said Thursday it has filed for Chapter 11 bankruptcy protection after venue closures stemming from the coronavirus pandemic roiled its business. The company, which is owned by private equity firm Apollo Global Management, expects to… Continue Reading…

Economy

“The Verdict Is In: Farm Bankruptcies Up in 2019”

“While well below historical highs, Chapter 12 family farm bankruptcies in 2019 increased by nearly 20% from the previous year, according to recently released data from the U.S. Courts. Compared with figures from over the last decade, the 20% increase trails… Continue Reading…