Puerto Rican retailer Jeans.com files Ch. 11, owes $5.1M
September 13, 2013
Jeans.com, a Puerto Rican clothing retailer established in 1998 catering to men 15 to 40, has filed for Chapter 11 bankruptcy protection, listing more than $5.1 million in debt.
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Puerto Rico bankruptcies drop 2% in July, up 3% Y-T-D
August 27, 2013
Puerto Rico bankruptcies were down 2 percent in July, when 821 cases were filed at the U.S. Bankruptcy Court, research firm Boletín de Puerto Rico disclosed Monday.
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Roblex Aviation seeks Ch. 11 protection
June 28, 2013
For the second time in as many years, Puerto Rican cargo airline Roblex Aviation has filed for Chapter 11 bankruptcy protection, listing more than $637,208 in debt.
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Upgrades on the horizon for Marina Puerto del Rey
June 17, 2013
Less than five months after seeking bankruptcy protection, Marina Puerto del Rey in Fajardo has a new owner with big plans on the horizon for its newest Puerto Rico property.
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Green Isle Inc. files Ch. 11 for Isla Verde hotels
June 13, 2013
Puerto Rican company Green Isle Inc., which owns and operates several small hotels in the Isla Verde area, has filed for Chapter 11 bankruptcy, listing nearly $8.1 million in debt.
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Selectos Ciudadela owners file for Ch. 11, closing store
June 11, 2013
Businessman Thomas Ward, who less than a year ago opened a Selectos supermarket in the upscale Ciudadela apartment complex in Santurce, recently filed for Ch. 11 bankruptcy protection, listing some $5 million in debt.
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Food distributor, well-known developer file for bankruptcy
April 19, 2013
Puerto Rico Food distributor Pedro Barba e Hijos Inc., Humacao drugstore owner Manuel Mediavilla Inc., and developer Joseph McCloskey-Diaz — who was involved in a highly-publicized mortgage fraud scheme in 2009 — were among the most recent commercial bankruptcy filings, with upward of $20 million in combined debt.
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SP Fabricators in Humacao files for Ch. 11 with $20M in debt
April 5, 2013
SP Fabricators in Humacao, a company with 25 years of experience producing and selling structural steel to the industrial and commercial construction markets, filed for Chapter 11 bankruptcy protection listing more than $17.7 million in debt.
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Puerto Rico starts ’13 with slight increase in bankruptcies
February 27, 2013
Puerto Rico bankruptcies were up 1 percent in January, when 739 cases were filed at the U.S. Bankruptcy Court, research firm Boletín de Puerto Rico disclosed Tuesday.
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Boricua Broadcasting files for Ch. 7 liquidation
February 15, 2013
Boricua JE Broadcasting Corp., the company that until last year managed the programming of the 740 AM station formerly known as “Boricua 740,” filed for Chapter 7 liquidation at the U.S. Bankruptcy court in San Juan this week.
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Hill Construction files for Ch.11, lists $13.5M in debt
February 1, 2013
Hill Construction Corp., a construction development pioneer that has been doing business in Puerto Rico for almost 40 years, filed for Ch. 11 bankruptcy protection earlier this week, listing more than $13.5 million in accrued debt.
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Marina Puerto del Rey files for Ch. 11 with $44.3M in debt
January 3, 2013
Puerto del Rey, the largest marina in the Caribbean located in Fajardo, filed for Chapter 11 bankruptcy protection late last week, listing $44.3 million in debt.
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Bankruptcy filings down 8% through November
December 18, 2012
As the year comes to a close, Puerto Rico’s bankruptcy filings appear to be keeping the downward trend that has prevailed throughout most of 2012. Filings through November were down 8 percent year-over-year, with 9,532 cases on record at the U.S. Bankruptcy Court.
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IHOP Puerto Rico owners file for Ch. 11 bankruptcy
November 1, 2012
Three years after entering the Puerto Rico market, Cousins International Food Corp., franchisees of the International House of Pancakes concept, better known as IHOP, has filed for Chapter 11 bankruptcy protection for its two restaurants in Caguas and Barceloneta.
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Puerto Rico bankruptcies down 17% in September
October 30, 2012
The 840 bankruptcy cases filed in Puerto Rico in September were 17 percent lower than the same month last year, while the total number of petitions to the U.S. Bankruptcy Court submitted during the first nine months of this year were also down by 9 percent vs. the same year-ago period, a local research firm revealed Monday.
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