Chapter 11

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November 24, 2023

The popular furniture store Ruby Gordon announced it filed chapter 11 bankruptcy earlier this week. The company has been in the Rochester area for nearly 90 years with locations in Greece and Henrietta. Ruby Gordon files for Chapter 11 bankruptcy | WHAM (13wham.com)

Rochester based company Carestream Health a medical imaging company filed for chapter 11 this week. The company owes $1.1 billion worth of debt. Carestream opened its doors back in 2007 and employs about 4,000 people around the world. https://www.whec.com/training/rochester-based-carestream-health-files-for-bankruptcy/

Celsius Network listed a $1.19 billion deficit on its balance sheet in a bankruptcy court, a day after the cryptocurrency lender filed for Chapter 11. New Jersey-based Celsius froze withdrawals last month, citing “extreme” market conditions, cutting off access to savings for individual investors and sending tremors through the crypto market. In the filing at […]


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