🍳What's Going on with Instant Brands?🍳

On June 12, 2023, Illinois-based Instant Brands Acquisition Holdings Inc and 14 affiliates filed for chapter 11 in the Southern District of Texas (Judge Jones),* citing “…uncontrollable macroeconomic events over the last three years…” as the reason for the company’s hardships. COVID, the Russia-Ukraine war, and inflationary pressures have become the go …