Ocean Front Hospitality Group, owner of the Rosa Mexicano franchise in Puerto Rico, has filed for Chapter 11 bankruptcy protection, citing more than $3.6 million in debt, this media outlet learned Wednesday.
General Wireless IP Holdings LLC, which owns the RadioShack brand in the United States, Canada, Asia, Europe and other territories throughout the world, will auction its controlling interest in the brand, it announced.
The number of bankruptcy cases filed in Puerto Rico showed a steep decline last month. #NewsismyBusiness