Convenience Store Supplier Cooper-Booth Enters Ch. 11

Law360, New York (May 22, 2013, 5:22 PM EDT) -- Cooper-Booth Wholesale Co., a convenience store supplier serving the Mid-Atlantic, on Tuesday filed for Chapter 11 protection in Pennsylvania, saying its main bank account was seized by the government as part of an investigation into a Cooper-Booth customer that allegedly smuggled cigarettes between states.

The company, which employs about 250 people, said in court documents that it and its two corporate partners have been the "victims of unfortunate circumstances." President Barry Margolis said he learned last week of the federal government's investigation into an unnamed customer...
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