Consumer Product Company Phoenix Brands Enters Chapter 11

The company behind brands like Fab laundry detergent and Rit dye, Phoenix Brands LLC, filed for chapter 11 protection to sell its business. The Wall Street Journal has the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

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Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa