Oberweis Dairy Files for Chapter 11 Bankruptcy Protection, Owes $4M+ to Creditors
Oberweis Dairy, a long-standing ice cream and dairy company, has filed for Chapter 11 bankruptcy protection in Illinois, listing over $4 million in debt to creditors, including the Cook County Treasurer and a food products wholesaler. The company is owned by family members of Republican State Senator Jim Oberweis, who has not commented on the filing.