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Local Night Club The Longbranch Files Chapter 11 Bankruptcy

Published September 5, 2013 by Sasser Law Firm

Raleigh night spot The Longbranch filed for Chapter 11 bankruptcy protection on July 29, 2013 listing $126,200.00 in assets and $345,834.88 in liabilities. This is the second bankruptcy filing for the nightclub, which also filed Chapter 11 on February 15, 2008, under different ownership, but later converted to Chapter 7 on August 7, 2008. As in it’s previous case, unpaid rent appears to be the largest liability listed.

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