11 Lessons From Startup Chapter 11s
CB Insights
JUNE 6, 2019
When Munchery filed for Chapter 11 protection in March 2019, the company owed its former customers more than $3M in unfulfilled gift cards and an additional $3M to vendors and manufacturing partners. Altrec: Outdoor gear retailer left in the cold after security breach. This was the beginning of the end for Wisewear. Founded: 1997.
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