This week in bankruptcies: Vinmak RE Holdings 11 LLC

This week in bankruptcies: Vinmak RE Holdings 11 LLC

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San Francisco area bankruptcy courts recorded one business filing - including zero with total debt above $1 million - during the week that ended February 26, 2021. Year to date through February 26, 2021, the court recorded 20 Chapter 7 or Chapter 11 business bankruptcy filings, a -9 percent decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business…

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