Chapter 7 bankruptcy
- Another airline files for Chapter 7 bankruptcy, all flights canceled - Along with the sudden shutdowns of commercial airlines like Play and Blue Islands, a number of charter and fractional carriers also filed for bankruptcy in 2025. Florida-based Verijet and Montana charter carrier Corporate Air both initiated
- 84-year-old dining chain franchisee files Chapter 7 bankruptcy - Restaurant chains have faced hundreds of closings in 2025, with some operators forced to file Chapter 11 or Chapter 7 bankruptcy protection to liquidate assets. In some cases, restaurant chains shut down all locations without filing for ban
- Luxury Florida homebuilder files for Chapter 11 bankruptcy - In the final months of 2025, a number of companies overseeing various hotels and resorts have filed for bankruptcy in different parks of the U.S. and the world. The company behind Tuscany and Hotel 27 in NYC shut down abruptly in September