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What is a Chapter 11 bankruptcy?
Chapter 11 is basically a bankruptcy plan that allows businesses to restructure debts and stay open. In this type of bankruptcy, the debtor retains ownership of their assets, and the repayment plan ...
Gaucho Holdings Emerges from Chapter 11, Aligns with Argentina’s Economic Upswing and Investor Confidence
Mortgage availability, foreign capital inflows and U.S. economic support reinforce Gaucho’s strategic timing. MIAMI, FL / ...
Fried chicken chain is teetering on Chapter 7 bankruptcy, if a sale is not approved
Sticky's, a fried chicken chain based out of New York, is on the edge of filing for Chapter 7 bankruptcy ,if a proposed sale ...
Big Storm Brewing on life support after filing for Chapter 11 protection
At its peak, Big Storm Brewing had tap rooms across Florida and an exclusive deal to brew and sell beer named for the Tampa Bay Lightning. On Friday, it became the latest business on the verge of ...
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Marelli owes Stellantis, Nissan combined $767M in Chapter 11 bankruptcy
Marelli Holdings Co., a major supplier to Stellantis and Nissan Motor Co., owes the two customers a combined $767 million in ...
Beloved brewery, beer brand forced into Chapter 11 bankruptcy
A local taproom or brewery becomes a beloved part of the community. That’s actually somewhat rare in the United States, where ...