The company did not provide a clear statement, but it seems to be the American company that is declaring bankruptcy.
In response to a recent garnishment judgment against Aruze that resulted from a separate judgment against Aruze's shareholder, the group has decided to seek financial restructuring.
According to the developer, it plans to carry on with business as usual and make use of Chapter 11 protections to allow for a fair assessment of the relative rights of the company's clients, workers, and creditors.
In response to a recent garnishment judgment against Aruze that resulted from a separate judgment against Aruze's shareholder, the group has decided to seek financial restructuring.
According to the developer, it plans to carry on with business as usual and make use of Chapter 11 protections to allow for a fair assessment of the relative rights of the company's clients, workers, and creditors.
