📉New Delaware Chapter 11 Filing – Mac Acquisition LLC
Mac Acquisition LLC , along with eight affiliates and subsidiaries, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 17-12224).
Mac also enters Chapter 11 with proposed debtor-in-possession financing in the amount of $5 million. In the Petition, Mac reports between $10 – $50 million in assets and $50 – $100 million in liabilities.