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Braeburn Alloy Steel filed for bankruptcy with the intent of being acquired by an affiliate of its largest customer and keeping the 125-year-old Lower Burrell business in operation. CCX, which acquired Braeburn in 1944 and operates under its name, filed for Chapter 11 bankruptcy in Delaware on Sunday. Chapter 11
This story first ran on BusinessDen.com, a BizWest news partner. DENVER — Punch Bowl Social, a Denver-based bowling, arcade and restaurant chain that before the pandemic had 20 locations and more than $100 million in annual revenue, filed for Chapter 11 bankruptcy protection on Monday in Delaware. Sponsored Content You’re maxing your tech “muscle.” You’ve increased speed, storage capacity, apps, cell services, etc. And along with all this new power you’ve created even greater mountains of data. And you protect it with …? EVEN MORE TECHNOLOGY, OF COURSE. Firewalls, back up storag...
Punch Bowl Social restaurant chain files for bankruptcy protection BusinessDen file photos) Punch Bowl Social, a Denver-based bowling, arcade and restaurant chain that before the pandemic had 20 locations and more than $100 million in annual revenue, filed for Chapter 11 bankruptcy protection on Monday in Delaware. In preliminary filings, the company claimed debts and assets of between $10 million and $50 million each. The largest single creditor is JP Morgan Chase, owed $10 million on a PPP loan. The other major creditors are landlords around the country, four of whom are owed more than $650...