PGX Holdings Files for Chapter 11 Bankruptcy in Delaware

June 4, 2023, 11:54 PM UTC

PGX Holdings files for Chapter 11 bankruptcy protection in District of Delaware, according to a court filing.

  • Estimated liabilities on a consolidated basis $1 billion to $10 billion
  • Estimated assets on a consolidated basis $100 million to $500 million
  • NOTE: Progrexion Hit With Lawsuit Over Layoffs of 900-Plus Workers

To contact the reporter on this story:
Zoe Ma in Sydney at zma13@bloomberg.net

To contact the editors responsible for this story:
Michael Sin at msin12@bloomberg.net

Aradhana Aravindan

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