Uploaded on May 6, 2020
PPT on Companies facing bankruptcy due to Coronavirus.
Companies facing bankruptcy due to Coronavirus.
Companies facing Bankruptcy
due to Coronavirus
Apex Parks Group
• Apex Parks Group, which needed to close its 12 diversion places
and water stops because of the pandemic, petitioned for a Chapter
11 redesign on April 8.
Source: Google Images
Art Van Furniture
• Art Van Furniture, a midwestern retailer with 176 areas,
documented on March 8. As the financial emergency intensified, it
changed over its Chapter 11 rearrangement to a Chapter 7
liquidation toward the beginning of April.
Source: Google Images
Bar Louie
• Bar Louie, an across the nation gastropub chain, documented on
January 27 in the wake of shutting 38 of its areas, leaving under
100 remaining.
Source: Google Images
CMX Cinemas
• CMX Cinemas, a cinema chain that likewise possesses eat in
cafés and bars, recorded on April 25 with every one of the 41 of its
venues shut across the country during the pandemic.
Source: Google Images
CraftWorks
• Eatery franchisor CraftWorks documented on March 3 to pay off its
obligation by more than $140 million not long after shutting about
10% of its areas.
Source: Google Images
Fairway Market
• Tri-state basic food item chain Fairway Market recorded on
January 23 and reported it was selling up to five New York City
stores and its dispersion community to Village Super Market for
$70 million.
Source: Google Images
Flybe
• English airline Flybe, one of Europe's biggest territorial
transporters, entered organization and grounded all trips on March
5.
Source: Google Images
Foodora
• Foodora, a nourishment conveyance application that is an auxiliary
of Berlin-based Delivery Hero, petitioned for bankruptcy in Canada
on April 27 and declared it's stopping tasks in the nation on May
11.
Source: Google Images
Gold’s Gym
• Gold's Gym recorded on May 4 in the wake of shutting its 700
wellness places due to coronavirus lockdowns. Thirty rec centers
will remain for all time shut.
Source: Google Images
Hin Leong
• Singapore-based oil dealer Hin Leong, established by ex-
extremely rich person Lim Oon Kuin, documented on April 18 as
the organization uncovered it had $800 million in already
undisclosed misfortunes.
Source: Google Images
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