CHAPTER 11

Dippin' Dots Files for Bankruptcy

Add this to the list of the world's problems: the future may not have ice cream. Dippin' Dots, the "ice cream of the future," filed for Chapter 11 bankruptcy protection on Thursday. The company owes an estimated $11.1 million to Regions Bank and has been fighting foreclosure efforts for over a year. According to its bankruptcy petition, the company's assets are worth $20.2 million, but its debts have reached $12 million.