Milestone-backed jeans maker files for Chapter 11
Private-equity backed Bobson & Co., a Tokyo-based jeans maker, has filed for Chapter 11 with a debt of JPY734million ($9.1 million) as of Feb 2011.
Milestone Turnaround Management Co., a restructuring specialist firm, took full control of the the jeans maker in 2009 for JPY300 million ($3.7 million) when the company split its business into Bobson...
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