Broadstripe Capital Moves Toward Liquidation In Ch. 7 Filing
Capital and its subsidiary Broadstripe LLC filed voluntary petitions for bankruptcy protection in January 2009. According to its motion, the reorganization plan contemplated that Capital’s Chapter 11 case would eventually be converted to a liquidating Chapter 7 case.
“Because the debtor is a debtor in possession and because this Chapter 11 case was commenced...
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