APBnews.com to File for Chapter 11 Protection

Share this article:
APBnews.com, New York, said yesterday it planned to file for bankruptcy protection.


The online news service that specializes in crime and court coverage ran out of money last month and laid off 140 employees. The company then rehired a bare-bones staff to keep the site operating while it seeks financing.


APBnews is $7 million in debt, according to reports.

This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions