The company seeking bankruptcy protection faces many reputational and business challenges, the biggest of which is a loss of ...

A judge sympathetic to the hundreds of victims of the massive Port Neches refinery explosion was not able to convince the ...

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.

Joann files for Chapter 11 bankruptcy again, aims to sell assets, close stores, and restructure amidst financial struggles.

Retailer Joann Inc has filed for bankruptcy a 2nd time, warning that a stalking-horse bidder will liquidate if it can't find ...

The “court-supervised reorganization” was announced in an open letter in May 2024, as a response to claims of sexual abuse ...

Currently an investment firm from Boston specializing in distressed companies is the stalking horse bidder. Late last month, ...

Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide ...

Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court on Wednesday, marking its ...