An established family farm known for its signature roadside produce stands throughout this part of the state has filed for Chapter 12 bankruptcy. Brownsville-based That message was posted on Duda’s Farm Inc.’s Facebook page on March 21. Officials there were unable to be reached for comment. The owners are brothers Mark and Andrew Duda. Duda … Read more
In the aftermath of a $75 million malpractice judgment, a federal judge has barred an eastern Iowa medical clinic from declaring bankruptcy. Obstetric and Gynecologic Associates of Iowa City and Coralville filed for bankruptcy late last year, and U.S. Bankruptcy Judge Anita L. Shodeen dismissed the case, ruling there is evidence the filing was intended … Read more
Virgin Orbit declared bankruptcy on Monday April 3, just days after failing to secure two financing deals and furloughing the majority of its employees. The California-based company has begun the process of filing for Chapter 11 bankruptcy, also known as “reorganization bankruptcy,” which allows the company to continue basic operations while it seeks a buyer. … Read more
Another biotech company has died. This time, it’s Codiak Biosciences, whose efforts to deliver exosome-based therapeutics have failed. Codiak has filed for Chapter 11 bankruptcy and will seek a buyer for the entire company or its core assets “as soon as reasonably practicable,” the company announced this morning. Province’s Paul Huygens has already been appointed … Read more
Diamond Sports Group is preparing to file for bankruptcy as its 30-day grace period to resolve its debt is set to expire, according to an Axios report. The company has been working with its creditors and stakeholders on a restructuring plan that includes a debt-to-equity swap, but it has to file for bankruptcy by Friday … Read more
Loyalty Ventures Inc. (Nasdaq: LYLT) and its subsidiaries have filed for voluntary relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas. LoyaltyOne, Co., a subsidiary of the Company, has also sought protection under the Companies’ Creditors Arrangement Act (Canada) in … Read more
The Florida-based company filed for Chapter 11 reorganization in October 2022 with liabilities totaling over $1.7 billion.
The chain has 32 stores in Texas, including locations at Quarry and Stone Oak in San Antonio
LongRun PBC, a Belmont-based online seller of low-carb and keto products, has filed for Chapter 11 bankruptcy protection. The company operates under the brand name Keto and Co. and sells low-carb and keto foods wholesale through Amazon and its own e-commerce websites. Established in 2014, the company reported $1.34 million in assets and about $2.34 … Read more
Zugo Bike is represented in the Chapter 7 case by attorney Todd Headden of Hayward PLLC.