Lucky’s Market, the Boulder-born and Niwot-headquartered natural-grocery chain, filed a series of Chapter 11 bankruptcy petitions Monday in U.S. Bankruptcy Court in Delaware, a week after the company announced that it would close dozens of locations across the country.
Lucky’s reported assets of $100 million to $500 million and liabilities of $500 to $1 billion. Bankruptcy documents show the company has between 10,001 and 25,000 creditors.
Wilmington, Delaware attorney Christopher Ward with law firm Polsinelli PC is representing Lucky’s in the bankruptcy. Ward did not respond to request from BizWest for comment, nor did Lucky’s representatives.
Last week, Lucky’s acknowledged the imminent closure of at least 32 of the company’s 39 locations. Lucky’s locations in Longmont and Boulder were among those expected to close
To read the full story, go to BizWest.com