Centennial Beverage Group, which recently launched an "inventory liquidation" sale but said late last week that it was not shutting down, has filed for Chapter 11 protection in U.S. Bankruptcy Court in Dallas, its attorney said Tuesday.
In court filings, Centennial said it owed more than $10 million to lenders, including Spanish-owned BBVA Compass Bank, and creditors such as Glazer's and Republic, both large liquor and wine distributors in Dallas.
Wednesday, December 19, 2012
Centennial Beverage files for Chapter 11 bankruptcy
Centennial Beverage files for Chapter 11 bankruptcy | Breaking News | News from Fort Wor...
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