Summary of the Article
Saladworks | This produce heavy restaurant chain has filed for Chapter 11 bankruptcy…
CONSHOHOCKEN, PA – Saladworks has filed for Chapter 11 bankruptcy protection this week and announced that it is seeking a buyer in an effort to end litigation between its owners.
In documents filed with U.S. Bankruptcy Court in Delaware, Saladworks listed over $10 million owed to two companies controlled by Vernon Hill, the Commerce Bank founder who has owned a 30% stake in Saladworks since 2008.
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