X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Rows of finished guitars display the Gibson name and logo at the company’s solid-body guitar factory in Nashville, Tennessee. (Photo: Jeff Adkins/Bloomberg News)

What better company than Gibson Brands Inc., manufacturer of the legendary Les Paul guitar, to play a somber tune in an ode to law firms looking at unpaid bills?

Gibson Brands filed for bankruptcy Monday in Delaware as part of a restructuring deal that will see lenders take control of the iconic maker of guitars, pianos and other musical instruments. According to a list of Gibson Brands’ 30 largest unsecured creditors, the debtor owes $139,144 to White & Case, a firm that has done some restructuring work for the Nashville-based company.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.