US EditionPopular Phoenix Bakery Noble Bread Seeks Restructuring Through Chapter 11, Vows to Stay Open
Summary by Abc 15 Arizona
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The renowned Noble Bread bakery, based in Phoenix, has started a financial restructuring process after benefiting from Chapter 11 of the U.S. bankruptcy law.The application was filed on May 29 by its parent company, Noble Goodness LLC, and also affects three of its subsidiaries.According to court documents, the company reports between $1 million and $10 million in assets and liabilities, although it did not detail the causes of its financial cri…
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