In the wake of their abrupt closures, the parent company of Chicago-based Dom's Kitchen & Market and Foxtrot Market has filed for bankruptcy.Outfox Hospitality made the Chapter 7 filing in Delaware and comes six months after the two companies first merged.The Chicago Tribune reported that in court documents, Outfox estimated it has no funds available to pay unsecured creditors.
On April 23, Foxtrot and Dom’s abruptly closed all stores nationwide. The closure affected 33 Foxtrot locations in Chicago, Dallas, Austin and the DC area as well as both Dom's Market locations in Chicago.Three lawsuits were filed against the company following the closures, some alleging violation of federal and state rules surrounding worker notification. The company also faces a lawsuit from a supplier.Outfox Hospitality auctioned off its assets on May 10 online, making about $2.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Foxtrot Market and Dom's Kitchen & Market closing six months after mergerThe closure affects both Dom's locations in Chicago, and all 33 Foxtrot stores in Chicago, Texas, and the Washington D.C. area.
Source: cbschicago - 🏆 546. / 51 Read more »
Foxtrot Market, Dom's Kitchen employees say they weren't warned before stores abruptly closedFoxtrot Market and Dom's Kitchen & Market abruptly close
Source: cbschicago - 🏆 546. / 51 Read more »
Foxtrot and Dom’s Kitchen and Market Suddenly Close All LocationsWashington, D.C. native Joseph Lamour is a lover of food: its past, its present and the science behind it. With food, you can bring opposites together to form a truly marvelous combination, and he strives to take that sentiment to heart in all that he does.
Source: TODAYshow - 🏆 389. / 55 Read more »
Foxtrot, Dom's Kitchen & Market notified State of Illinois a day after shutting downThe Illinois Worker Adjustment and Retraining Notification (WARN) Act requires employers to notify workers of mass layoffs 60 days in advance.
Source: cbschicago - 🏆 546. / 51 Read more »
Foxtrot Market and Dom's Kitchen file for bankruptcyFoxtrot Market and Dom's Kitchen file for Chapter 7 bankruptcy
Source: cbschicago - 🏆 546. / 51 Read more »
Dom’s Kitchen, Foxtrot closing months into mergerHandwritten signs on the door at a Foxtrot in Lakeview said “closed for good.” At Dom’s Lincoln Park, signs said “Dom’s is saying goodbye.”
Source: chicagotribune - 🏆 8. / 91 Read more »