Thursday, November 20, 2014

Chicago Sign Company Files Bankruptcy




Cars drive by the Chicago Theatre April 3, 2011 in Chicago.

Associated Press



A Chicago sign maker that’s done work for the Windy City’s theaters and stadiums, including the famed Chicago Theatre marquee, has filed for bankruptcy.


White Way Sign & Maintenance Co. aims to restructure and emerge from Chapter 11 protection, its bankruptcy attorney recently told the Chicago Tribune.


White Way, which has remained in the same family since its 1916 founding, has had a hand in everything from helping with the most recent version of the historic Chicago Theatre sign to making and installing the Chicago White Sox’s current video scoreboard at U.S. Cellular Field. It has also lit up Michigan Avenue for holiday shoppers.


The company reported $1 million to $10 million in assets and $10 million to $50 million in debts in its Chapter 11 petition, filed last week with the Chicago bankruptcy court. Its unsecured debts include pension obligations as well as claims from its vendors and customers.


Write to Jacqueline Palank at jacqueline.palank@wsj.com. Follow her on Twitter at @PalankJ.






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