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Chapter 11

2 stories about Chapter 11
  • עילית רז ג'ונקו joonko

    Joonko files for Chapter 11, plans to distribute remaining $4.25 million to investors

    19.05.24|CTechThe startup's operations effectively came to an end last summer after Ilit Raz, the former CEO of Joonko, left the company amid allegations from the board that she “engaged in egregious, unethical, and fraudulent conduct.” After leading the investigation on behalf of the investors and the management, COO Ilan Band is now seeking to complete the closure of the company

  • Sears store. Photo: Bloomberg

    Sears Closes Israeli Development Center

    18.11.18|Nitsan Sadan Sears Holdings Corporation filed for Chapter 11 bankruptcy last month. Earlier this month, the company announced it would be closing an additional 40 stores throughout North America, on top of the more than 140 stores it had announced previously

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