The Palm Beach Sandal Company filed for Chapter 11 bankruptcy court protection this week. Citing former first lady Jacqueline Kennedy as its muse, the company’s website said that the original Palm Beach sandal was created for Kennedy in 1964. More from WWD The filing on Tuesday in a federal bankruptcy court in West Palm Beach stated that the case was under Subchapter V of Chapter 11. This subchapter allows small- and mid-sized companies take advantage of the Chapter 11 process. These are firms that woul ...