J.H. Ferguson & Co. files for Chapter 11 bankruptcy in North Dakota court
J.H. Ferguson & Co. has filed for bankruptcy in the U.S. Bankruptcy Court in North Dakota. The company submitted its petition under Chapter 11, seeking protection from creditors while it reorganises its finances. The case covers multiple counties across North Dakota and Minnesota. The filing was recorded in the U.S. Bankruptcy Court, affecting a wide region. Counties included in the proceedings span Becker, Clay, Douglas, Grant, Hubbard, Mahnomen, Norman, Otter Tail, Polk, Traverse, Wadena, and Wilkin. These areas cover parts of both North Dakota and Minnesota. J.H. Ferguson & Co. now enters a period of financial reorganisation under court supervision. The outcome will depend on negotiations with creditors and the approval of a restructuring plan. The filing impacts businesses and stakeholders across the listed counties in both states.
