Jewelry retailer Alex and Ani files for Chapter 11 bankruptcy protection Reuters 1 hr ago
June 10 (Reuters) - Jewelry retailer Alex and Ani filed for Chapter 11 bankruptcy protection, according to a court filing made on Wednesday.
The company s estimated assets ranged from $100 million to $500 million as did its estimated liabilities, according to the filing made in the United States Bankruptcy Court for the District of Delaware.
Mall owners Simon Property Group Inc and Brookfield Property Partners LP are among its largest unsecured creditors with each being owed more than $3 million in rent payments, Bloomberg News reported earlier on Wednesday.
Alex and Ani s products include charm bracelets and necklaces. Founded in 2004 by Carolyn Rafaelian, it has locations in the United States, Aruba and Panama.
Katerra says it will continue India operations; it’s US entity filed for Chapter11
June 10, 2021
‘We remain committed to the completion of all on-going projects and actively seeking new projects’
Katerra India, a technology driven company engaged in building construction projects and solutions, and part of the US-based Katerra, said that it will continue its India business.
While certain Katerra US and Cayman Island entities have voluntarily filed for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court, Katerra said “This filing does not affect the operations of Katerra’s international affiliates, such as Katerra India.”
Following a thorough review of strategic business alternatives, certain Katerra US and Cayman Island entities have voluntarily filed for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the .