KENTWOOD, MI — Goodrich Quality Theaters, a Kentwood-based theater chain with locations in Michigan, Florida, Indiana, Illinois and Missouri, has filed for bankruptcy in federal court in Grand Rapids.

The filing shows Goodrich, which has 14 theaters in Michigan, has between $50 million and $100 million in assets, and estimated liabilities between $10 million and $50 million.

The company’s Michigan theaters include the Ada-Lowell 5, Grand Haven 9, Bay City 10 GDX, Cadillac 4, Holland 7, Kalamazoo 10, Jackson 10, and Quality 16 in Ann Arbor.

Bob Goodrich, president of the theater chain, could not be reached for comment. Nor could Tyrone Bynum, the attorney representing the theater chain in the bankruptcy case.

Goodrich told MiBiz that “some” locations might be sold as part of a bankruptcy auction.

In addition to its Michigan locations, the company has nine theaters in Indiana, four in Illinois, two in Missouri and one in Florida, according to its website. The company was founded in 1931 in Grand Rapids.

It was unclear Friday morning how the bankruptcy filing will affect the theater chain’s operations. The theater’s website listed showtimes for its Michigan locations for the weekend and into next week.

According to the bankruptcy filing, the company has fewer than 100 creditors.

The largest unsecured creditor is Vistar Corporation of Belleville, Michigan. Goodrich owes Vistar $1 million, court records show.

Other unsecured creditors include Universal Film Exchange, of Dallas, Texas, which is owed $303,522. Warner Brothers, Pepsi Cola, Sony Releasing and IMAX Corporation are also unsecured creditors.

In the bankruptcy filing, Goodrich Quality Theaters said funds will be made available for distribution to unsecured creditors.

Goodrich Quality Theaters filed for its bankruptcy case on Tuesday, Feb. 25.

In a document filed Feb. 27, the company received approval from the court for a $402,430 emergency loan that was needed to pay its employees.

Here’s a full list of the company’s Michigan theaters:

W. Columbia 7, in Battle Creek

Three Rivers 6

Quality 16, in Ann Arbor

Quality 10 GDX, in Saginaw

Oxford 7

Krafft 8, in Port Huron

Kalamazoo 10

Jackson 10

Holland 7

Hastings 4

Grand Haven 9

Cadillac 4

Bay City 10 GDX

Ada-Lowell 5

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