Gold's Gym files for bankruptcy, seeks to restructure debt
In a major impact of the coronavirus pandemic and the halt in businesses, US-headquartered Golds Gym has filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code and it seeks to restructure its deb
On May 4, 2020, GGI Holdings, LLC and its affiliates (Gold`s Gym) filed voluntary petitions for relief under Chapter 11 in an effort to facilitate the financial restructuring of the company, company has said. Source: Reuters