New Chapter 11 Filing - Chellino Crane Inc.

May 05, 2017

∙ Paid

5/5/17 Recap: Illinois-based heavy crane operating company that services refineries, power and chemical plants filed for bankruptcy under the weight of its outstanding debt on equipment and union obligations. The downturn in the oil and gas industry, unfortunately, led to projected revenue misses and a liquidity crisis. The filing is …

Keep reading with a 7-day free trial

Subscribe to PETITION to keep reading this post and get 7 days of free access to the full post archives.