Chapter 11

The budget airline initially filed for reorganization bankruptcy, seeking Chapter 11 protection in November 2024.

Hooters, the iconic casual dining chain long associated with skimpy uniforms and “breastaurant” branding, filed for Chapter 11 bankruptcy in March and closed multiple locations.

In July, LMD Holdings filed for Chapter 11 bankruptcy - just one month after opening the Luca Mariano Distillery in Danville, Kentucky.

Claire’s, the shopping mall chain that sells flashy accessories to teens and tweens, filed for Chapter 11 bankruptcy protection on Wednesday amid shrinking margins and pressure from online competitors.

His business career is a monument to spectacular failure: six Chapter 11 bankruptcies and more than a dozen other disastrous business failures.