Neenah Enterprises files for bankruptcy

by DeLadurantey Law Office, LLC on February 12, 2010

Neenah Enterprises Inc. filed for bankruptcy last week. According to the Chapter 11 filing records, the Wisconsin-based company was forced into bankruptcy because of a significant decline in sales.

At the time of the filing,  the supplier of castings for manhole covers had assets of $286.6 million and debt of $449.1 million as of Sept. 30. The insolvency was a result of significant losses caused by the declines in related industries.

If your company is considering filing for bankruptcy, contact the Milwaukee bankruptcy attorneys Deladurantey Law Office, LLC, at 414-377-0518.

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