New Delaware Chapter 11 Filing – SFP Franchise Corporation
On January 23, 2020, SFP Franchise Corporation, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Lead Case No. 20-10134). The Debtor reports assets in the range of $10,000,001- $50 Million and liabilities in the range of $50,000,001- $100 Million and an estimated 1,0000 to 5,000 creditors. SFP Franchise Corporation expects that funds will be available for distribution to unsecured creditors.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
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