Brooks Brothers, America’s oldest apparel company, announced that it has commenced Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware to facilitate a value-maximizing sale process. A transaction would ensure that the...
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July 09, 2020, 09:05 AM
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Men's retailer Brooks Brothers is reportedly negotiating with unnamed banks as it seeks debtor in possession financing for a possible Chapter 11 filing.According to CNBC, the retailer could file as soon as July but has not yet hammered out the...
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June 08, 2020, 09:30 AM
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