We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Veritec Back In Chapter 11 After Deal With Mitsubishi

Law360 (March 10, 2006, 12:00 AM EST) -- Banished to Chapter 7 liquidation two months ago, Veritec’s contentious bankruptcy case has landed once again in the Chapter 11 arena, after the bar code manufacturer reached a new deal with Mitsubishi Corp. and other creditors this week.

The Minnesota-based company, which develops and provides high density bar coding for the manufacturing and security industries, announced the news on Thursday, noting that it must now submit a new plan of reorganization to creditors.

“We are pleased to reach the settlement with Mitsubishi and appreciate their support...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.