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Popular retail chain Party City filed for bankruptcy protection Saturday, a day after it disclosed to employees that it would be implementing mass layoffs at its New Jersey headquarters.
Party City also filed for Chapter 11 bankruptcy protection in January 2023. That move allowed for a restructuring that eliminated nearly $1 billion in debt. ... The New Jersey-based retailer said ...
Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in the United States on Saturday for the second time in two years as it plans to wind ...
The next day, the Wall Street Journal reported that BlockFi would likely file for bankruptcy, which was reaffirmed by reports compiled by Bloomberg News. [8] [9] [10] On November 28, BlockFi confirmed the reports and officially filed for Chapter 11 bankruptcy protection [11] with more than 100,000 creditors, according to filings.
On June 22, 2012, Ritz Camera & Image filed for Chapter 11 bankruptcy protection again and closed 128 of its stores. [19] On September 6, 2012, liquidation specialists Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC won an auction for Ritz Camera's assets and began the process of closing most of the 137 stores that remained.
By 1990, the chain had grown to 89 Channel outlets in nine states, [3] [9] but in early 1991, the company filed for Chapter 11 bankruptcy protection, and announced a plan to close 34 of 86 stores, mostly in the Baltimore-Washington and New England markets. [9] It emerged from bankruptcy in March 1992. [6]
The casual dining destination filed for Chapter 11 bankruptcy protection over the weekend, ... New Jersey. Eatontown: 180 NJ-35 Ste. 6000. Hackensack: 411 Hackensack Ave.
In August 2010, A&P announced it would close 25 stores, including nine Pathmark locations in New Jersey. [74] [75] On December 12, 2010, A&P filed for Chapter 11 bankruptcy protection, citing assets of $2.5 billion and debts totaling $3.2 billion. [76]
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