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gottschalks (2)

Gottschalks Reorganization Under Chapter 11

Posted by Apparel1 - on January 18, 2009 at 8:04am
On January 14, 2009, Gottschalks, Inc. filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. While Gottschalks has a 104-year heritage of serving customers in western markets, they have recently faced considerable challenges to their business as a result of the tightened credit markets and the challenging economic environment. Chapter 11 reorganization provides the legal framework that allows them to keep the business operating normally while they e
Read more…

Gottschalks Reorganization Under Chapter 11

Posted by Apparel1 - on January 18, 2009 at 8:04am
On January 14, 2009, Gottschalks, Inc. filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. While Gottschalks has a 104-year heritage of serving customers in western markets, they have recently faced considerable challenges to their business as a result of the tightened credit markets and the challenging economic environment. Chapter 11 reorganization provides the legal framework that allows them to keep the business operating normally while they e
Read more…

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