Iron Hill files for Chapter 7 bankruptcy protection

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Iron Hill Brewery & Restaurant has filed for Chapter 7 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey. The petition shows that Iron Hill accumulated more than $20 million in total debt with about $125,000 in available cash. Because it is a Chapter 7 (liquidation) bankruptcy, the company is expected to sell all non-exempt assets to pay creditors. A complete dissolution of the bu ...