Tuesday, October 9, 2012

Liquidation threat looms larger over Renegade Tobacco


(Winston-Salem Journal) The fate of three bankrupt Mocksville tobacco companies is coming down to two legal issues, one of which is beyond their control.
A scheduled U.S. Bankruptcy Court confirmation hearing for Renegade Holdings Inc., Renegade Tobacco Co. and Alternative Brands Inc. was postponed today until Nov. 14 by Judge William Stocks.
The companies have a combined 94 employees, down from 140 when they initially entered bankruptcy in January 2009. Continued

No comments: