Car wash operator Zips Car Wash has filed for bankruptcy with a plan to hand over control of the business to its private ...
Zips Car Wash filed for bankruptcy protection in Texas on Wednesday, seeking to cut $279 million in debt and hand control of the business to its lenders.
To implement this transaction as efficiently as possible, and with the support of its existing lenders and equity holders, ZIPS filed voluntary chapter 11 cases in the U.S. Bankruptcy Court for the ...
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