The Washington Business Journal offers a weekly roundup of bankruptcy filings in the region based on public records collected by parent company American City Business Journals.
During the week that ended Dec. 10, Washington-area bankruptcy courts recorded three business filings, including two with total debts above $1 million. Year to date through Dec. 10, the court recorded 112 Chapter 7 or Chapter 11 business bankruptcy filings, a 1% decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its creditor obligations with the goal to remain a going concern.
A&E Entertainment LLC filed for voluntary Chapter 7 bankruptcy protection December 6, 2021, in the Eastern District of Virginia.
The debtor listed an address of 14130G Sullyfield Circle in Chantilly, and is represented in court by attorney Richard Owen Bolger. A&E…
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