The chain's parent company, CEC Entertainment, filed for Chapter 11 on Thursday, citing pandemic-related reasons.

Some have been able to file for Chapter 11 and reorganize, while others have liquidated and closed stores for good.

Economic conditions force yet another familiar chain to reorder finances and sell its assets.

Almost four months after it suspended its live operations due to the coronavirus pandemic, Cirque du Soleil Entertainment Group is filing for bankruptcy. Nearly four months after it suspended its live operations due to the coronavirus pandemic, Cirque du Soleil Entertainment Group is filing for bankruptcy. Read Full Story

Stores are closing in 42 states, as well as in Puerto Rico and Canada.

The economic crisis has been brutal for retail, even beloved brands like Muji. Muji USA filed for bankruptcy on Friday, the latest retailer to take a hit from the coronavirus. Read Full Story

What consumers want has changed, but for how long? With much of the U.S. going into its third week of lockdown, the economy has already changed. Ten million people have already filed for unemployment, as every restaurant that isn’t a fast-ood chain and every physical retail store that doesn’t sell groceries is in jeopardy. Read Full Story

Richard Branson's Virgin Atlantic airline filed for Chapter 15 bankruptcy protection in New York on Tuesday.

Similar to the way the coronavirus attacks people, the most vulnerable companies are those with preexisting conditions. With the global economy thrashed by the ongoing pandemic, countless companies are now treading in bankruptcy waters. And similar to the way the coronavirus attacks people, the most vulnerable companies are those with preexisting conditions. As the dam breaks and bankruptcy filings start to flood in, the first casualties are those companies with underlying poor health, although many others are sure to follow. Read Full Story

Upsolve, a tool that helps people declare bankruptcy, is starting to see its first cases due to the coronavirus crisis. But most states don’t let people file electronically—so they still need to go to the courthouse to get relief. As unemployment claims soar because of the coronavirus—especially in the service industry, and in other jobs where working remotely is impossible— Upsolve , a startup nonprofit that offers a free online tool to help people declare bankruptcy, is beginning to see its first users citing the coronavirus as the reason for their visit. Read Full Story