Goodrich Quality Theaters has filed for bankruptcy in the U.S. Bankruptcy Court for the Western District of Michigan on February 24, 2020. The company has 30 locations across Michigan, Illinois, Indiana, Florida, and Missouri. Renovations were made to many of the theaters leaving the company with nearly $30 million in debt owed to companies such as Disney, IMAX, Microsoft, Pepsi, and many others. The company's theaters are expected to stay open.
Adam Kochenderfer to Present on Michigan Manufacturers Association Webinar, “What to Do When Customer or Supplier Financial Distress Stresses You Out”