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Home » Bankruptcy

Bankruptcy

McCammon’s Irish Market closes remaining garden center

April 21, 2026
Susan OrrSusan Orr

The owners of McCammon’s Irish Market have permanently closed their garden center in Brownsburg, not long after doing the same thing to their location in Greenwood.

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All Value City Furniture stores will close as part of parent company’s liquidation

January 12, 2026
Lesley WeidenbenerLesley Weidenbener

The furniture company has three locations in central Indiana and three in other parts of the state.

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Spirit Airline Plane

Spirit airlines seeks to start orderly wind-down to sell assets

May 4, 2026 | Bloomberg News

The airline is seeking to modify a bankruptcy loan to have the necessary funding to proceed with the sale of its assets, which include aircrafts and spare engines and parts.

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Home shopping network pioneer QVC files for bankruptcy protection

April 17, 2026 | Associated Press

Shares in QVC Group, which went for over $900 a decade ago, were trading for less than $3 earlier this week.

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Credit problems jump after sports betting is legalized, Fed study finds

March 26, 2026 | Bloomberg News

Since the 2018 Supreme Court decision that allowed states to legalize sports betting, Americans have wagered more than $520 billion on sports, researchers estimated.

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Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy

February 9, 2026 | Associated Press

The company — which has five stores in Indiana — noted that it will conduct a court-supervised sales process, and if a sale can’t be executed, it will begin a wind-down of its U.S. and Canadian operations.

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Luxury retailer Saks Global files for bankruptcy as it prepares to restructure

January 14, 2026 | Associated Press

Saks Fifth Avenue closed its store at The Fashion Mall at Keystone in April 2024, but it operates The Fifth Avenue Club at Ironworks Hotel Indy at 2721 E. 86th St.

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Bankruptcies surge as companies grapple with inflation, tariffs

December 28, 2025 | The Washington Post

Among the total was a surge of “mega bankruptcies,” or filings by companies with more than $1 billion in assets, during the first half of 2025.

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Roomba maker iRobot files for bankruptcy protection

December 15, 2025 | Associated Press

IRobot, which became well known for its robotic vacuums, has struggled of late, dealing with increased competition, layoffs and a declining stock price.

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Mom-and-pop business bankruptcies hit record as debts rise

December 2, 2025 | Bloomberg News

More than 2,200 people and small firms filed bankruptcy this year under the so-called Subchapter V rules, which make it cheaper and faster to win relief from creditors.

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Uncertainty lingers for Jack’s Donuts franchisees

November 21, 2025 | Susan OrrSusan Orr

News of the corporate bankruptcy has led to questions for franchisees from their worried customers and employees over the past few weeks.

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Jack’s Donuts seeks to sell corporate assets in bankruptcy

November 12, 2025 | Susan OrrSusan Orr

Jack’s Donuts, which filed for bankruptcy reorganization in late October, is now seeking court permission to sell off its corporate assets to a stalking horse bidder.

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UPDATE: Jack’s Donuts businesses file for bankruptcy protection

October 30, 2025 | IBJ Staff

Three related businesses operated by Jack’s Donuts owner and CEO Jack “Lee” Marcum III have filed Chapter 11 petitions, listing total liabilities of more than $20 million and assets of less than $1.6 million.

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CVS Health subsidiary Omnicare files for bankruptcy protection

September 23, 2025 | Associated Press

The filing comes two months after the long-term care business was ordered to pay $949 million when a federal court found it liable for filing fraudulent claims for some prescription drugs.

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Claire’s, once a mall destination for tweens, files for bankruptcy

August 6, 2025 | The Washington Post

Claire’s has nine locations in the Indianapolis area, including mall stores in Castleton Square, Clay Terrace, the Shops at Perry Crossing, Greenwood Park Mall and Hamilton Town Center.

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Indiana reaches consumer-protections agreement with 23andMe buyer

July 1, 2025 | Indiana Lawyer Staff

Among the conditions agreed to by the buyer is a promise not to transfer any user genetic data to a third party.

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Job recruiting site CareerBuilder + Monster declares bankruptcy

June 25, 2025 | The Washington Post

Once the heavyweights of job-recruiting websites, CareerBuilder and Monster filed for Chapter 11 protection Tuesday, almost one year after merging.

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Retailer At Home files bankruptcy, with lenders set to take over

June 16, 2025 | Bloomberg News

The chain has more than 250 stores in the United States, including four stores in the Indianapolis area, that sell everything from patio furniture to picture frames and washable rugs.

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Rising bankruptcy filings hit Indiana, nation

June 4, 2025 | Daniel Carson, The Indiana Lawyer

Indiana’s bankruptcy filings are climbing as consumers and businesses feel the economic pinch from housing costs, high credit card debt and student loans.

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WeightWatchers files for bankruptcy protection to eliminate debt burden

May 7, 2025 | Associated Press

The 62-year-old company, which has moved into the prescription drug weight loss business, hopes to emerge from bankruptcy within 45 days.

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Publishers Clearing House, known for ‘Prize Patrol’ sweepstakes, files for bankruptcy

April 10, 2025 | Associated Press

The marketing and sweepstakes company says it’s using the bankruptcy process to “finalize a shift away” from its legacy business of direct-mail, retail merchandise and magazine subscriptions.

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Restaurant chain Hooters files for bankruptcy protection

April 1, 2025 | Associated Press

The chain known for chicken wings and its skimpy “Hooters Girls” wait-staff outfits has two local restaurants.

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