Celis Brewery files for bankruptcy protection, heads off foreclosure sale

//Celis Brewery files for bankruptcy protection, heads off foreclosure sale

Celis Brewery files for bankruptcy protection, heads off foreclosure sale

Austin's storied Celis Brewery filed July 1 for Chapter 11 bankruptcy protection — just a day before it was scheduled for a foreclosure sale. The company behind Celis, FFBC Operations LLC, filed for bankruptcy in United States District Court for the Western District of Texas. In the filing the company reported assets of $1 million to $10 million and debt of $1 million to $10 million, with more than 100 creditors. Celis Brewery remains open and will brew at least a few batches this week, owner…

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By | 2019-07-01T21:48:59+00:00 July 1st, 2019|Budget and Tax|

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