The Chapter 7 bankruptcy petition filed by Fairn & Swanson on June 2, 2020, which calls for liquidation of the 70-year-old company, could have a devastating and far-reaching impact on dozens of the company’s suppliers. According to the official petition filed in the California Northern Bankruptcy Court (Oakland), Fairn & Swanson owes more than $19 […]
Fairn & Swanson
Fairn & Swanson closes after 70 years in business
One of the pioneering companies in the U.S. duty free industry closed its doors for good last week, citing the impact of the COVID-19 pandemic. After seven decades in business, California-based Fairn & Swanson – parent company of Baja Duty Free – filed a Chapter 7 bankruptcy petition on June 2, 2020 in the California Northern […]
