Coating Co. NCoat Enters Ch. 11 With $900M In Debt
The firm, California-based Fort Ashford Funds LLC, previously loaned nCoat $142,000 and had agreed to put up an additional $200,000 in post-petition financing, according to court documents filed in the U.S. District Court for the Middle District of North Carolina.
NCoat listed assets of about $1.4 million and...
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