Friday, June 30, 2006

Bankruptcy court approves O'Sullivan payments

In a little bit of irony, on the same day O'Sullivan Industries officials notified South Boston that its plant would be closed and jobs moved to Lamar, a bankruptcy court judge approved the payment of approximately $15 million in fees and expenses to companies that helped O'Sullivan officials with their Chapter 11 bankruptcy.
The documents were filed in U. S. Bankruptcy Court for the Northern District of Georgia.

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