Schletter Inc. files for chapter 11 bankruptcy
“Mounting system maker Schletter’s U.S. company voluntarily filed for Chapter 11 bankruptcy on April 24. The company reports between US$10 million and $50 million in both liabilities and assets, with debts owed to over 300 creditors. It is not clear exactly what led to the filing, however there are many possible factors. The recent … [Read more…]