By  on January 21, 2014

Specialty chain Dots has filed a voluntary Chapter 11 petition for bankruptcy court protection.

The petition was filed in a Newark bankruptcy court under the corporate name Dots LLC. The company said it will pursue a restructuring plan that includes the sale of the company as a going concern. The petition also estimated $50 million to $100 million in assets, and $100 million to $500 million in liabilities.

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