Founded in 1983, the restaurant known for waitresses in skimpy outfits has run into financial difficulties lately
Hooters, the US-based restaurant chain known for chicken wings and skimpy waitstaff outfits, has filed for bankruptcy protection.
HOA Restaurant Group filed the motion for chapter 11 protection Monday in the north Texas bankruptcy court in Dallas.
Continue reading...After becoming embroiled in scandal, formerly hot startup and Wall Street star had said it would likely run out of cash
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.
Nikola was a hot startup and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona company’s technology.
Continue reading...Hertz, which has 38,000 staff, is one of the largest firms to be undone by the pandemic
The 102-year-old car rental firm Hertz has filed for bankruptcy protection after its business all but vanished during the coronavirus pandemic.
Hertz said in a US court filing on Friday that it had voluntarily filed for Chapter 11 reorganisation. Its international operating regions including Europe, Australia and New Zealand were not included in the US proceedings.
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