📉Bankruptcy & Restructuring today
New Chapter 11 Filing – Hobbico, Inc.
Hobbico, Inc. , a Chicago-based distributor of radio-control and general hobby products, along with seven of its affiliates, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-10055).
The Debtors estimate their assets to be between $10,000,0001-$50 million and their liabilities to be between $100,000,001-$500 million.
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