The week in bankruptcies: G&G Farms LLC and Royalty Property Maintenance LLC

Denver area bankruptcy courts recorded two business filings - including one with total debt above $1 million - during the week that ended Feb. 19, 2021. Year to date through Feb. 19, 2021, the court recorded 4 Chapter 7 or Chapter 11 business bankruptcy filings, a -43% decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its…