Clipper City Brewing Company, L.P. has filed for bankruptcy protection. Case records show that it is doing business as Heavy Seas Beer, a craft brewery based in Maryland. The brewery has been operating since 1995 and has built its business around producing a range of craft beers. The filing comes as the company recently joined other independent breweries under a shared business platform.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. Clipper City Brewing Company, L.P. has filed for Chapter 11 subchapter V. This provides a streamlined process for qualifying small business debtors. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
Overview of the Filing
Clipper City Brewing Company, L.P. submitted its petition on November 8, according to PACER records. The records identify the debtor as a small business, adding that it has opted for a Chapter 11, Subchapter V filing.
Hugh J. Sisson, the general partner of the debtor and president of Sisson Management, Inc., signed the petition before it was filed…