New Chapter 11 Bankruptcy Filing - GBG USA Inc.

New York-based GBG USA Inc. and ten affiliates (the “debtors”) filed chapter 11 bankruptcy cases on Thursday, July 29 in the Southern District of New York — the latest in a line of brand management companies to fall into trouble (see also Iconix Brand Group and Sequential Brands Group Inc. discussed here and here). Indeed, things got so clustered here t…