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American Achievement Corporation Announces Junior Lender Action


American Achievement Corporation Announces Junior Lender Action
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DALLAS, Jan. 15, 2021 /PRNewswire/ American Achievement Corporation®, (the Company ) the digital retailer and premier provider of school recognition products, announced today that an involuntary Chapter 11 petition was filed in the Bankruptcy Court for the Northern District of Texas Dallas Division by four of the Company s junior lenders against the Company and certain of its subsidiaries. The Company will promptly respond to the petition within the permitted 21 days.
While we were surprised by the actions of the junior lenders, American Achievement Corporation is committed to working through this process, said Bob Myers, American Achievement Corporation s Chief Executive Officer. Our valued employees, customers and partners can be assured that we will continue to operate. Employees, representatives and suppliers will be paid as normal a ....

United States , Bob Myers , Jennifere Mercer , High School , Prnewswire American Achievement Corporation , Northern District Of Texas Dallas Division , American Achievement Corporation , Bankruptcy Court , Achievement Corporation , Northern District , Texas Dallas Division , Chief Executive , American Achievement , ஒன்றுபட்டது மாநிலங்களில் , பாப் மைஸ் , உயர் பள்ளி , வடக்கு மாவட்டம் ஆஃப் டெக்சாஸ் டல்லாஸ் பிரிவு , அமெரிக்கன் சாதனை நிறுவனம் , திவால்நிலை நீதிமன்றம் , சாதனை நிறுவனம் , வடக்கு மாவட்டம் , டெக்சாஸ் டல்லாஸ் பிரிவு , தலைமை நிர்வாகி , அமெரிக்கன் சாதனை ,