LA Limousine Co. Parks In Ch. 11 After Arbitration Loss
Los Angeles-based Carey Limousine L.A. Inc. listed assets of under $500,000 against debts of around $150 million in documents filed in Delaware bankruptcy court.
The company resorted to Chapter 11 to secure “breathing room” after 16 of its drivers won a $4.5 million arbitration award in a lawsuit claiming they...
To view the full article, register now.