Luckin Coffee (LKNCY) Files Chapter 15 Bankruptcy

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Go back to Luckin Coffee (LKNCY) Files Chapter 15 Bankruptcy

Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States

February 5, 2021 3:43 AM EST

Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate Luckin Coffees Restructuring of its Financial Obligations

All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected

Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees

BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the JPLs) of Luckin Coffee Inc. (the Company) (OTC:... More