The number far exceeds the initial projections of lawyers who have been signing up clients since the Boy Scouts filed for bankruptcy protection in February.
The Tennessee-based company has 250 company-owned and franchised restaurants in the U.S., Canada and nine other countries.
The iconic department store is the latest major retailer to succumb to the pandemic.
The filing could come as soon as this weekend, CNBC reported on Thursday.
Kentucky is facing a potential 20% decline in tax revenues and a $300 million-plus budget shortfall thanks to the coronavirus pandemic.
“How ugly a thought,” the New York governor said. “I mean, just think of what he’s saying."
The Republican Senate leader suggested he would rather let states declare bankruptcy during the coronavirus pandemic than receive federal funding.
The move is seen as a gesture to progressives as the former vice president seeks to consolidate the party ahead of November's election.
Nearly 8,000 alleged abusers have been identified among the Boy Scouts’ leaders and volunteers dating back to 1944.
The publisher of The Sacramento Bee, Miami Herald and other papers is seeking to restructure amid the broader decline of local news in the U.S.