Creditor Wants Trustee In Money Centers Of America Ch. 11
By Matt Chiappardi
Law360, Wilmington (March 25, 2014, 8:05 PM ET) -- The creditor whose contract dispute in part drove casino check cashing firm Money Centers of America Inc. into bankruptcy said on Tuesday that it intends to request either a Chapter 11 trustee be appointed in the case or that it be converted to a Chapter 7 proceeding.
At a hearing in Delaware bankruptcy court in Wilmington, an attorney for the corporate commission of the Mille Lacs Band of Ojibwe Indians said he anticipated a motion to that effect to be filed soon and alleged that the...