Party City ' s bankruptcy plan approved, with bad news for shareholders

Party City is now set to emerge from bankruptcy with a lot less debt, but the company's shareholders will be left holding the bag. A U.S. bankruptcy judge on Wednesday approved the party goods and Halloween supply retailer's Chapter 11 restructuring plan, which allows it to offload roughly $1…#partycity #chapter11 #davidjones #houston #kenziman #thomashleepartners #westonpresidio

Source: Reuters: Health - September 7, 2023 Category: Consumer Health News Source Type: news