After seeing the statement, a spokesperson for the company released a statement in the Dallas Business Journal, which said, “We continue to have ongoing constructive dialogue with, and received several proposals from, various parties including debtholders, equity holders, and strategic investors.”
Many experts in the industry are closely monitoring Blockbuster’s actions. They fear that the company will move forward with declaring chapter 11 bankruptcy.
If you are thinking about filing for bankruptcy in Dallas, it is advised that you meet with a Dallas bankruptcy lawyer as soon as possible. Contact the Malaise Law Firm to arrange an initial consultation.