Local Night Club The Longbranch Files Chapter 11 Bankruptcy
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.
- About the Author
- Latest Posts
For more than 20 years, the Sasser Law Firm has been helping individuals and business owners sort through financial hardships to see the light at the end of the tunnel. Our North Carolina bankruptcy attorneys are all board-certified specialists, which means we have passed a complex exam, undergone a thorough peer review, and continue to earn legal education credits in this ever-evolving area of law.
