A local optometry group filed for bankruptcy in the final days of 2025, after a failed chapter filing earlier that year.

And now, Popeyes Louisiana Kitchen restaurant franchisee Sailormen Inc. filed for Chapter 11 protection after a failed sale of certain locations, a default on credit facilities, and a series of lawsuits and store closings caused the company financial distress, according to RK Consultants.

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

Intermodal marketing company STG Logistics announced Monday it has entered into a Chapter 11 restructuring plan.

Another popular breakfast restaurant chain has been hit with financial troubles, and is now filing for Chapter 11 bankruptcy protection. Taste of Belgium made the move to reorganize its business while remaining in operation despite risking foreclosure proceedings on two of the chain’s locations.

A major convenience store operator has filed for Chapter 11, reflecting financial pressures and shifting consumer habits in the retail and gas store sector.

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and keep things running. Chapter 11 bankruptcy is a legal ...