The week in bankruptcies: Trade West Inc.

//The week in bankruptcies: Trade West Inc.

The week in bankruptcies: Trade West Inc.

Honolulu area bankruptcy courts recorded one business filing - including one with total debt above $1 million - during the week that ended Jan. 10, 2020. Year to date through Jan. 10, 2020, the court recorded 0 Chapter 7 or Chapter 11 business bankruptcy filings, a -100% decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure…

Article by [author-name] (c) Manufacturing News - Manufacturing News Headlines | Bizjournals.com - Read full story here.

By | 2020-01-16T01:34:49+00:00 January 16th, 2020|Budget and Tax|

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