• auctusgroup

Pandemic pushes J. Crew to seek Chapter 11 bankruptcy protection

J. Crew filed for Chapter 11 bankruptcy protection on Monday with a plan to convert debt into equity and use $400 million in funding from existing lenders. The company will retain control of its Madewell brand, which J. Crew had previously considered spinning off into a public company. Full Story: Business Insider(5/4)

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  Auctus Investment Group, 2018                              DRE# 01072454

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