Alcohol distributor Republic National Distributing Company has filed for Chapter 11 bankruptcy, but the filing does not include RNDC's joint venture in Michigan. A Michigan manufacturer that built launch hardware for SpaceX has filed for Chapter 11 bankruptcy protection, after a rapid expansion into Alabama collided with a cash crunch, lender pressure, and a ... MICHIGAN, USA — Michigan is likely going to lose a long list of Forever 21 stores after the company filed for Chapter 11 bankruptcy.

Understanding the Context

F21 OpCo, the company that owns all Forever 21 stores, filed ... Seven of Value City Furniture's stores in Michigan are closing after its parent company, American Signature Inc., filed for Chapter 11 bankruptcy. According to Value City's website, five of the ... Doctors Hospital of Michigan in Pontiac is being reborn after filing for bankruptcy last July, according to a Crain’s Detroit Business report.

Key Insights

The physician-owned hospital filed for chapter 11 ... Another restaurant chain has closed locations in Michigan as it undergoes bankruptcy proceedings. According to the Nation’s Restaurant News, Bar Louie filed for Chapter 11 bankruptcy protection ... WOOD Grand Rapids on MSN: Alcohol distributor files for bankruptcy; Michigan joint venture excluded JD Supra: Michigan Bankruptcy Court Holds That a Non-Compete Clause Survives the Rejection of an Executory Contract and That a Confidentiality Agreement Is Not an Executory Contract ... In a recent decision of interest, the Bankruptcy Court for the Eastern District of Michigan held that a non-compete clause within a franchise agreement as well as confidentiality agreement could not ...

Final Thoughts

Michigan Bankruptcy Court Holds That a Non-Compete Clause Survives the Rejection of an Executory Contract and That a Confidentiality Agreement Is Not an Executory Contract ...