Posts tagged with Bankruptcy

Hobbico filed for bankruptcy protection

See: Hobbico Hobbico sent us this sad statement indicating that it plans to sell the company and will continue operating throughout the bankruptcy process: Hobbico, Inc. Files Petition for Chapter 11 Relief and Pursues Sale of Company; Seeks Protection from Creditors to Restructure and Attract New Capital Investment; Operations Continue Throughout Bankruptcy Process. CHAMPAIGN, Ill. – January 10, […]

Robbe Modellsport declare insolvency

Unfortunate news reaches us that German distribution powerhouse Robbe Modellsport have declared insolvency (bankruptcy) – according to official paperwork obtained the company ‘Robbe Modellsport GmbH & Co. KG’ was placed into insolvency on Friday 6th February – with assets frozen and an administrator to be appointed it marks a sad chapter to a company tracing […]