I have to admit, I’ve never heard of an ad agency filing for bankruptcy but continuing to stay in business. That’s what Raleigh agency RBW is doing:
The agency, which shortened its name from Rockett, Burkhead & Winslow last year, now has 22 workers and is continuing to operate as it reorganizes under Chapter 11 bankruptcy protection.
In a filing Friday, the agency listed assets of $1.58 million and liabilities of $7.27 million. The company owes money to media outlets such as Forbes, Fortune, USA Today and Fox News.
Keep fighting, guys. Most agencies are content to just close up shop.