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Bankruptcy
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Amazon.com Inc. is challenging Saks Global Enterprises’ foray into Chapter 11, saying the luxury retailer breached a deal related to the sale of Saks products on its website and that its equity investment in the now bankrupt business is “presumptively worthless.”15 Jan 2026-10:14
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High-end department store conglomerate Saks Global filed for bankruptcy protection late Tuesday, marking one of the largest U.S. retail collapses since the pandemic, just a year after a deal that united Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus under one roof.14 Jan 2026-10:40
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Spirit Airlines has canceled its plan to furlough up to 365 pilots early next year, easing concerns among staff as the carrier continues restructuring under Chapter 11 bankruptcy protection.06 Dec 2025-09:56
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Spirit Airlines’ latest bankruptcy underscores the growing difficulties facing low-cost carriers attempting to reinvent themselves as more premium brands amid rising costs and fierce competition from major U.S. airlines.10 Oct 2025-14:35
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Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is raising concerns about its ability to continue operating.13 Aug 2025-10:50
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