Chateau d’Ax USA Not Affected by Parent Company Filing For Reorganisation

1 November 2018

High-end Italian leather upholstery manufacturer Chateau d’Ax Italia has reportedly filed a pre-bankruptcy agreement as it seeks to improve logistics and production.

The 70-year-old company Italian company is looking for agreements with creditors as it reorganises.

Director of Operations at the company’s North American site, Joseph Filloy has iterated that the U.S. entity is and has been financially independent of its Italian parent company for years.

According to Italian news reports, Chateau d’Ax Italia intends to continue in business, and that its filing with the court represents an attempt to relaunch and strengthen rather than to liquidate the business

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.