Bankrupt Coupon Co. Saves Big With Mich. Tax Agreement
Trustee Charles M. Forman proposed that the Entertainment Publications LLC be refunded $550,000, which will be divided between the debtor and former equity owner InterActiveCorp, which had fronted most of the tax payment in 2011. The bankrupt company would receive $170,000.
The settlement was negotiated with the Michigan attorney general.
The state made an audit determination for January...