Korea Ag Digest

RNDC court filings reveal scale of distributor’s financial collapse

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Court documents filed following Republic National Distributing Company's Chapter 11 bankruptcy have revealed more than US$400 million in unsecured debts and mounting financial pressures stretching back several years. The filings also raise fresh questions about whether major suppliers recognised the distributor's deteriorating position before ending their partnerships. The post RNDC court filings reveal scale of distributor’s financial collapse appeared first on The Drinks Business .

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