© 2023 Louisville Public Media

Public Files:
89.3 WFPL · 90.5 WUOL-FM · 91.9 WFPK

For assistance accessing our public files, please contact info@lpm.org or call 502-814-6500
89.3 WFPL News | 90.5 WUOL Classical 91.9 WFPK Music | KyCIR Investigations
Play Live Radio
Next Up:
Available On Air Stations

Dippin' Dots Seeks to Continue Operations Through Bankruptcy

From the Associated PressNovelty ice cream maker Dippin' Dots has filed for federal bankruptcy protection, but is asking a judge to allow it to use cash collateral to continue operations.The Paducah-based company submitted the filing Thursday night. The company says that allowing it to use the cash collateral and stay functioning will not harm creditors, including Regions Bank, which is owed $11.1 million.Regions Bank sued Dippin' Dots in February, alleging the company defaulted on multiple loans.Dippin' Dots—which sells beads of ice cream—markets itself to stores as well as a number of amusement parks across the country, theaters and malls.U.S. Bankruptcy Judge Thomas H. Fulton has been assigned the case.

Gabe Bullard is the director of news and editorial strategy.