Eatontown, N.J. — Soupman, Inc., owner of the Original Soupman brand, emerged from bankruptcy on September 8, 2017, with a clean balance sheet and a new management team committed to living up to the brand’s value.
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New York City — Soupman, Inc. has filed for Chapter 11 bankruptcy protection. Soupman also has secured a new $2 million debtor-in-possession credit facility (DIP) to allow business operations to continue as normal. Michael Wyse of Wyse Advisors, LLC has been hired as chief restructuring officer and interim CFO of Soupman.