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Gold's Gym has filed for bankruptcy protection under Chapter 11 of the country's bankruptcy code. The company said in a statement on May 4 that the move has been taken in an effort to facilitate the financial restructuring of the company.
Businesses across the world have been hit by the lockdown to contain the spread of COVID-19, with gyms a common example of enterprises that have remained shut during this period.
COVID-19 impact | Gold's Gym files for bankruptcy
Businesses across the world have been hit by the lockdown to contain the spread of COVID-19, with gyms a common example of enterprises that have remained shut during this period.
COVID-19 impact | Gold's Gym files for bankruptcy
