Oberweis Dairy files for bankruptcy protection
Posted April 14, 2024 10:42 am
Oberweis Dairy filed for bankruptcy protection on Friday, according to a story in the Chicago Sun-Times Saturday.
The North Aurora-based company, known for its ice cream and milk packaged in glass bottles, filed a voluntary petition for Chapter 11 bankruptcy protections in the Northern District of Illinois, court records show.
The company stated it owed more than $4 million in total unsecured claims to its top 20 creditors, including more than $173,000 to the Cook County treasurer. The largest debt listed was with a Hudson-based transportation company, with the dairy owing more than $774,000, the records stated.
Oberweis Dairy is owned by the family of Republican state politician Jim Oberweis.
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