💥New Chapter 11 BK - QLess Inc.💥

Unprofitable tech company files to shed daunting litigation and sell.

On June 19, 2024, CA-based QLess Inc. (the “debtor”) filed a bankruptcy case under subchapter V of chapter 11 in the District of Delaware (Judge Shannon) – the third notable subchapter V filing this week before some major changes took effect on Friday, June 21, 2024.