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NJ Event Venue Hits Ch. 11 After $11M Loan Foreclosure

By Alex Wittenberg ( January 31, 2025, 3:45 PM EST) -- A New Jersey event venue under construction called The Chariot has filed for Chapter 11 protection in New Jersey after its bank took foreclosure action on its $11 million loan, with the business' co-owner saying the debtor launched the insolvency proceedings to get some "breathing room" as it works toward opening the sprawling restaurant and catering space....

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