Tag : U.S. Bankruptcy Court
Family Christian Bookstores title : Family Christian Stores CEO Places Trust in God as Fate of Bankruptcy Hangs in Balance
summary : The future of Family Christian Stores and its workforce currently hangs in the balance in U.S. Bankruptcy Court. However, company president and CEO Chuck Bengochea stated that in addition to the lawyers arguing on behalf of the company, he is placing his faith in God as part of the decision.
date : Jun 05, 2015 09:54 AM EDT
Family Christian Bookstores title : Family Christian Stores Ditches Bankruptcy Plan After Creditors' Objections over ‘Issue of Transparency’
summary : Michigan-based Christian bookstore retailer Family Christian Stores withdrew a bankruptcy proposal this week after debtors criticized its restructuring plan that would have involved selling virtually all of its assets.
date : Mar 20, 2015 02:11 PM EDT
Family Christian Bookstores title : Family Christian Stores, America's Largest Christian Bookstore Chain, Files for Bankruptcy, Hopes for Restructuring Process
summary : The largest Christian bookstore chain in the United States filed for Chapter 11 bankruptcy on Wednesday in Michigan. However, Family Christian Stores claimed that neither employees will be laid off nor stores will be closed in its restructuring plan.
date : Feb 13, 2015 01:35 PM EST