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2026-09-23BANKRUPTCY

National Metalwares Holdings LLC - and National Metalwares L.P. Bankruptcy Filings

On September 23, 2026, National Metalwares Holdings LLC and National Metalwares L.P. filed for bankruptcy in the N.D. Ill court, with estimated liabilities undisclosed.

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Why this matters

National Metalwares Holdings LLC and National Metalwares L.P. are involved in the manufacturing sector, specializing in metal products and components for various industries, including automotive and industrial equipment. On September 23, 2026, both entities filed for Chapter 11 bankruptcy in the Northern District of Illinois court. The filings indicate financial distress, although specific liabilities were not disclosed. The bankruptcy process may involve a 363 sale, which allows the company to sell assets free of liens and encumbrances, potentially impacting creditor recovery.