All posts in Butler Capital

Is Virgin Megastore going bust?

As confirmed Friday on France Inter, Virgin Stores will submit a request today to declare themselves insolvent.  As in the US with Chapter 11 status, there tends to be two possible outcomes of this: 1) restructuring or 2) full-out liquidation/bankruptcy.  Given how things have been going for Butler Capital owned Virgin Megastores in recent years, […]