After being sold at auction, the Salt Life apparel business is expected to have new owners. A bankruptcy judge will take a look at the deal in a hearing Thursday afternoon.

Nearly 80,000 Florida homeowners will have to find new insurance, after Southern Fidelity declared bankruptcy.

Black News Channel will close down as soon as today, according to an article from the Los Angeles Times.

Cici’s, the restaurant chain that’s best know for its pizza buffets, has filed for bankruptcy. In a court filing done on Monday, Cici’s blamed the pandemic. Unlike other pizza companies, Cici’s struggled making delivery a viable option due to its buffet style dining model. Cici’s has between 50 to 100 million in liabilities. The chain came to an agreement in December for its primary lender, D&G investors, to purchase the company and its $82 million in debt.

Ruby Tuesday has filed for Chapter 11 bankruptcy protection, overcome by the financial pressures brought on by the pandemic, CNN Business reports. “This announcement does not mean ‘Goodbye, Ruby Tuesday,’” said CEO Shawn Lederman in a statement. “Today’s actions will allow us an opportunity to reposition the company for long-term stability as we recover from the unprecedented impact of Covid-19.”Ruby Tuesday has closed roughly 200 locations within the past few years. To read more, click here.