🧃New Chapter 11 Bankruptcy Filing - NewAge Inc.🧃
Covid rattles purveyor of miracle juice products.
Citing, among other things, the Covid-19 pandemic and supply chain issues, Utah-based NewAge Inc. (“NBEV”), Ariix LLC (“Ariix”), Morinda Holdings Inc., and Morinda Inc. (collectively, the “Debtors” or the “NewAge Enterprise”), filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware (Judge Silverstein) on August 30, 2022…
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