Raleigh Agency Goes Chapter 11

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.



About Dan Goldgeier

Dan Goldgeier is a Seattle-based freelance copywriter with experience at advertising agencies across the U.S. He is a graduate of the Creative Circus ad school, and currently teaches at Seattle's School of Visual Concepts. Dan is also a columnist for TalentZoo.com and the author of View From The Cheap Seats and Killer Executions and Scrubbed Decks.