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Chapter 11

2 stories about Chapter 11
עילית רז ג'ונקו joonko

Joonko files for Chapter 11, plans to distribute remaining $4.25 million to investors

19.05.24|CTech
The startup's operations effectively came to an end last summer after Ilit Raz, the former CEO of Joonko, left the company amid allegations from the board that she “engaged in egregious, unethical, and fraudulent conduct.” After leading the investigation on behalf of the investors and the management, COO Ilan Band is now seeking to complete the closure of the company
סירס sears חנות קניות ארה"ב כל-בו כלבו

Sears Closes Israeli Development Center

18.11.18|Nitsan Sadan
Sears Holdings Corporation filed for Chapter 11 bankruptcy last month. Earlier this month, the company announced it would be closing an additional 40 stores throughout North America, on top of the more than 140 stores it had announced previously