E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/22/2023 in the Prospect News Distressed Debt Daily.

Former Packable debtors report $126,122 net loss for August

By Sarah Lizee

Olympia, Wash., Sept. 22 – Pack Liquidating, LLC, formerly Packable Holdings, LLC, and affiliated debtors reported a $126,122 net loss for August on zero total revenue, according to their monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The debtors posted $1.37 million in cash and cash equivalents at the end of August.

Packable is a Hauppauge, N.Y.-based e-commerce company that operates as a third-party seller of health, beauty and other consumer products on online marketplaces. The company filed bankruptcy on Aug. 28, 2022 under Chapter 11 case number 22-10797.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.