FTX Customers to Vote on Multi Billion Dollar Repayment Plan - Bloomberg: Judge John Dorsey said Tuesday he’ll authorize FTX bankruptcy advisers to begin soliciting creditor votes on a sweeping Chapter 11 plan to repay customers and resolve billions of dollars in government penalties
More small restaurant chains file for bankruptcy: Melt Bar & Grilled, an Ohio chain that was featured on the Food Network and the Travel Channel, joins the Chicago concept Kuma’s Corner and other small chains running into post-pandemic financial problems.
Boston Market down to one left in all of Illinois: Boston Market restaurants have been quietly closing over the past few months, leaving just one store in operation across Illinois
Chinese developer Shimao sweetens debt revamp terms ahead of liquidation hearing, sources say | Reuters: Shimao Group has sweetened its offshore debt restructuring terms to garner support from creditors, said three sources, as the Chinese property developer scrambles to fend off a liquidation petition filed in a Hong Kong court
