chapter 11

February 18, 2020 | Maryam Shahzad

Boy Scouts File for Bankruptcy After Lawsuits, Montgomery County Troops Unaffected

The Boy Scouts of America (BSA) filed for bankruptcy Tuesday in the midst of hundreds of sexual abuse lawsuits from former scouts who say they were abused by leaders.  This means that civil litigation is halted, and there will be no jury trial. Alleged victims with lawsuits now have to file in bankruptcy court. The […]

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January 28, 2020 | Deirdre Byrne

Bar Louie Closes in Wheaton, Rockville After Bankruptcy Announcement

Bar Louie’s Rockville and Wheaton locations are among the chain’s 38 locations to close over the weekend. A statement released by Bar Louie on Monday confirmed that the organization has filed for Chapter 11 bankruptcy protection and said it was closing  “underperforming locations to strengthen its operational and financial position.” Tom Fricke, CEO of Bar […]

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March 3, 2016 | Staff Writer

Sports Authority Closing Gaithersburg Store

Sports Authority is closing dozens of stores across the country, including its store in Gaithersburg, as part of its Chapter 11 bankruptcy. “We have identified approximately 140 stores that we intend to close or sell in the coming months,” said CEO Michael Foss in a letter posted on the company’s website. “This was a tough […]

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