New Delaware Chapter 11 Filing – Prestige Industries LLC
Prestige Industries LLC, a leading provider of commercial laundry services to the hospitality industry in the greater New York City area, has filed for chapter 11 bankruptcy relief in the United States Bankruptcy Court for the District of Delaware (Case No. 17-10186 (KG)). The petition lists between $10 million and $50 million in both assets and liabilities. According to the First Day Declaration, the Debtor commenced this case to effectuate an orderly sale of its business as a going concern. The case has been assigned to the Honorable Kevin Gross.
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