Trustee Drops Bid To Dismiss Cargo Co.'s Ch. 11 Case

Law360, New York (September 12, 2011, 3:37 PM EDT) -- Cargo Transportation Services Inc. dodged a bullet Monday after the U.S. trustee overseeing the Florida transportation company's Chapter 11 backed away from a motion to dismiss the case that said the debtors hadn't paid fees or filed operating reports.

On Aug. 23, U.S. Trustee Donald F. Walton told U.S. Bankruptcy Judge Michael G. Williamson that CTS was late with legally required fees and operating reports for May, June and July, triggering a response from the debtor the next day that said it had paid $20,000 in...
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