Mealey's Bankruptcy - Media Company Files For Chapter 11 Bankruptcy, Seeks $10M In Financing

Mealey's Bankruptcy - Media Company Files For Chapter 11 Bankruptcy, Seeks $10M In Financing

WILMINGTON, Del. - The Dolan Co., the parent company for various entities that provide business and professional services for legal, financial and real estate companies, on March 23 filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, citing assets of $236,246,000 and debts of only $185,946,000. At the same time it filed its bankruptcy petition, the company moved for approval of post-petition financing of $10 million (In Re: The Dolan Company, No. 14-10614, Chapter 11, D. Del. Bkcy.).

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