Tuesday, September 22, 2009

Doll & Doll files Chapter 11 bankruptcy


Posted by: Scott Graulich

Financially troubled Doll & Doll Motor Company, which operates Rob Doll Nissan in Columbus, filed for Chapter 11 bankruptcy protection late last week.

The company listed between $10 million and $50 million in estimated liabilities and between $1 million and $10 million in assets, according to documents on file with the U.S. Bankruptcy Court, Middle District of Georgia.

It was filed Thursday. Chapter 11 bankruptcy is often used by businesses to restructure debt.

Doll & Doll Motor President Rob Doll said Monday morning he doesn’t know where his companies go from here, but he added, “We’re still in business. We’re still servicing cars.”

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