Social Media Can Be Part Of Ch. 11 Estate, Judge Rules

By Jacob Fischler (April 6, 2015, 4:32 PM EDT) -- A Texas federal bankruptcy judge ruled Friday a former owner of a bankrupt gun store must hand over control of the business' social media accounts to the reorganized company, an order the former owner vowed on Monday to defy.

U.S. Bankruptcy Judge Jeff Bohm told Jeremy Alcede he must relinquish control of Facebook and Twitter pages with a combined 19,000 followers he formerly maintained on behalf of the Tactical Firearms gun store and target range to the reorganized company, CTLI LLC because the accounts are part of the company's Chapter 11 estate.

Judge Brohm said the accounts rightly belonged to the...

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