The week in bankruptcies: Gibraltar Homes, JDub’s Brewing and more

Tampa area bankruptcy courts recorded four business filings – including three with total debts above $1 million – during the week that ended April 10, 2020. Year to date through April 10, 2020, the court recorded 45 Chapter 7 or Chapter 11 business bankruptcy filings, a 25 percent increase from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure…Original Article