🎈New Chapter 11 Bankruptcy Filing - Party City Holdco Inc. ($PRTY)🎈

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The party is finally over.

On January 17, 2023, Party City Holdco Inc. ($PRTY) and thirteen affiliates (the “debtors” or “PCHI”) filed voluntary chapter 11 bankruptcy cases in the Southern District of Texas (Judge Jones).

It’s been a tough year for Party City. A month ago, after its disappointing third quarter earnings release, we loo…