Gulfstream Airlines Touches Down In Ch. 11
Gulfstream and some affiliates filed the petitions in the U.S. Bankruptcy Court for the Southern District of Florida. Gulfstream listed assets and liabilities of between $10 million and $50 million, and the company said it had arranged for $5 million of debtor-in-possession financing from Victory Park Capital Advisors.
Gulfstream, which is based in Fort Lauderdale, Fla., and...
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