San Francisco area bankruptcy courts recorded three business filings – including two with total debts above $1 million – during the week that ended June 3, 2022. Year to date through June 3, 2022, the court recorded 34 Chapter 7 or Chapter 11 business bankruptcy filings, a -37 percent decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to…
This week in bankruptcies: Prithvi Investments LLC, Hansaben Investments LLC
