Posts Tagged: Chapter 7

UArts Files for Chapter 7 Bankruptcy, Selling $87M Center City Property

The closed University of the Arts filed for Chapter 7 bankruptcy protection on Friday, aiming to liquidate its assets, including its Center City real estate valued at over $87 million. This filing in U.S. Bankruptcy Court in Delaware follows the collapse of merger talks with Temple University. UArts, which abruptly shut down in June, will… Read more »