Libertytown
Libertytown, MD · Food & Drink
hoodline.com
Beer Street Journal
Heavy Seas Beer Files for Chapter 11 Bankruptcy, Will Keep Brewing
Heavy Seas Beer, one of Maryland’s oldest and largest craft breweries, has filed for Chapter 11 bankruptcy. The company says it is reorganizing, not closing. Clipper City Brewing Company, L.P., which does business as Heavy Seas, filed a voluntary petition Nov. 8 in U.S. Bankruptcy Court in Baltimore under Subchapter V, a faster reorganization track for small businesses. The filing lists estimated assets and liabilities of $1 million to $10 million each, and fewer than 50 creditors. The largest debt is a long-term loan of more than $2.3 million from Wells Fargo. Suppliers including WestRock, MaltEurop and Ball Corp. are among the unsecured creditors.
hoodline.com
gotodestinations.com
mocoshow.com
Baltimore Times
The US Sun
Applebee’s restaurant throws in the towel and serves its very last meal after 23 years
AN APPLEBEE’S restaurant has closed after more than two decades as a company partnership has continued to gain speed. The restaurant chain is currently working towards its goal of 80 dual-branded restaurants with IHOP, closing many single-branded locations in the process. Applebee’s has closed its restaurant at the Stafford...