Theater Files for Bankruptcy
Posted on Feb 11, 2011 6:20pm PST
The Gillioz Theater in Springfield, Missouri has reportedly filed for bankruptcy. According to reports, the filing is a move to forestall foreclosure sale of the building. The company reportedly filed for Chapter 11 bankruptcy because they felt they had no choices. The building was reportedly going to undergo a foreclosure proceeding over a $3.5 million loan.
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