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 Jan. 7, Washington-area bankruptcy courts recorded three business filings. Year to date through Jan. 7, the court recorded one Chapter 7 or Chapter 11 business bankruptcy filings, a 50% 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.
Black Dog Technologies LLC filed for voluntary Chapter 7 bankruptcy protection December 28, 2021, in the Eastern District of Virginia. The debtor listed an address of 2672 Avenir Place #M, Vienna, and is represented in court by attorney Ashley F. Morgan. Black Dog Technologies LLC listed assets up to $200 and debts…
Read the full story from the Washington Business Journal.