After closing 37 restaurants over the last few weeks, Craftworks Holdings filed for Chapter 11 bankruptcy protection Tuesday in the U.S. Bankruptcy Court for the District of Delaware.
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Yet another small brewery has found itself in financial trouble. The parent company of Boulder, Colorado-based Fate Brewing Company, Fate Restaurants LLC, has filed for Chapter 11 Bankruptcy protection. According to the November 1 filing, Fate owes more than 50 creditors between $1 million and $10 million. The company also claims between $1 million and $10 million in estimated assets.
