WorkflowOne Parent Files For Bankruptcy The parent company of Counselor Top 40 distributor WorkflowOne (asi333647) has filed for Chapter 11 bankruptcy.
WF Capital Holdings Inc., Workflow Management Inc. and other affiliated holdings filed for Chapter 11 protection last night in Virginia, with a "plan to restructure the companies' senior debt," the companies said in a statement. The move was made after negotiations with debtholders failed, the company said.
The company is expecting to operate "business as usual," said a spokesperson. Check out Counselor PromoGram today for more details.
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