Latest News 2011 May Italian Market Chain Files for Bankruptcy

Italian Market Chain Files for Bankruptcy

An Italian market chain in the San Leandro, California area has reportedly filed for bankruptcy. According to reports, A.G. Ferrari Food has decided to file for Chapter 11 bankruptcy. The company reportedly listed assets at somewhere between $1 million and $10 million while they listed debts at somewhere in the same range. With Chapter 11, the company hopes to remain open and operating while they reorganize their finances.

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