More red tape for Renegade Tobacco

(Winston-Salem Journal) The U.S. Justice Department has filed another objection to the proposed bankruptcy reorganization plan of three Mocksville tobacco companies.
The department's Alcohol Tobacco Tax and Trade Bureau said in a filing Friday that the disclosure statement for Renegade Holdings Inc., Renegade Tobacco Co. and Alternative Brands Inc. does not set aside enough money to handle an excise tax dispute.
On Aug. 10, U.S. District Judge William Stocks approved the disclosure by Peter Tourtellot, trustee for the three companies. Tourtellot filed the statement May 28, amended it July 20 and modified it again Aug. 10. Continued