This year saw some major names folding under financial pressure and filing for bankruptcy, including a major radio network, iHeartMedia, the tween retailer Claire’s and Sears Holdings Corp., parent-company of the national retailer.
New Mexico saw store closings from the shuttered national retailers, but none of the state’s bankruptcies reached the same level of debt.
The largest bankruptcy in the state, by debt size, was RGB LLC, a Carlsbad-based truck parts and repair company who filed for…
Source: The Business Journal
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