Michael's Fresh Market Files for Bankruptcy
Posted on Jan 20, 2012 5:20pm PST
Michael's Fresh Market in the Chicago, Illinois area has reportedly filed for Chapter 11 bankruptcy. According to reports, the business has filed for to problems related to a lending freeze imposed by the Premier Bank of Wilmette. The business has commented that they plan on reorganizing in order to continue forward with business. The bank involved has reportedly been struggling since August 2010.
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