The Arena Football League has filed for Chapter 7 U.S. Bankruptcy Court protection and ceased operations. The move comes about a month after the 32-year-old indoor football league shut down team services and business operation units at its six local markets, including Baltimore and Washington, D.C. A Chapter 7 filing means the company does not plan to restructure its debts, and instead intends to shut down. The AFL’s Nov. 27 bankruptcy filing at U.S. Bankruptcy Court in Wilmington, Delaware listed…
from https://www.bizjournals.com/baltimore/news/2019/12/02/arena-football-league-files-for-bankruptcy-ceases.html?ana=RSS&s=article_search
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