American Architectural Inc. files for Chapter 11
American Architectural Inc. of Bensalem, Pa., filed for voluntary Chapter 11 bankruptcy, June 15, in the United States Bankruptcy Court Eastern District of Pennsylvania.
The contract glazier employs a staff ranging from 110 to 200+ employees, depending upon project sizes, according to its website. Court documents list its assets at between $10 million and $50 million, with estimated liabilities in the same range. The company estimates that funds will be available for distribution to unsecured creditors, according to the documents.