Creative Loafing Bankruptcy Hearing Delayed
By AAN Staff
january 22, 2009 08:41 am
The hearing scheduled yesterday was set to decide whether CL's creditors can declare their loans in default and take immediate possession of the company from CEO Ben Eason. According to Wayne Garcia, the hearing has been continued until March 11. Garcia says both sides in the case complained about the delay but worked together to develop a new timeline.