Weighed Down By Debts, Charys Files For Chapter 11
The Atlanta-based firm submitted its voluntary petition for Chapter 11 on Thursday in the U.S. Bankruptcy Court for the District of Delaware after incurring a series of debts through various acquisitions.
Its nonoperating subsidiary, Crochet & Borel Services Inc., also filed for Chapter 11.
A statement by Charys said its bankruptcy filing would help...
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