Thursday, March 30, 2006

Another big bill submitted in O'Sullivan bankruptcy

Chanin Capital Partners, the financial advisor for the Committee of Unsecured Creditors in O'Sullivan Industries' Chapter 11 bankruptcy submitted a bill for $128,053.99 today, according to documents filed today in U. S. Bankruptcy Court for the Northern District of Georgia.
Since the company was hired in October, it has submitted bills totaling more than half a million dollars.

1 comment:

Anonymous said...

This sounds fishy. Why do they 'pay' millions to a company who is supposed to be helping them get out of debt? Who's taking the cut? Sure isn't Bobby boy.