A decision on O'Sullivan Industries' request for a final decree in its bankruptcy case is likely to be delivered during a 10 a.m. May 24 hearing in U. S. Bankruptcy Court for the Northern District of Georgia.
If the court issues that order, all remaining claims against the company would be closed.
3 comments:
Does this include any workman's comp claims against them? Or, do they have to settle those anyway?
I am not sure about that.
Last time I remember, they had workers comp insurance, so it should be covered. I also believe that employee claims have the highest priority in bankruptcy claims so payroll and such should be paid before other creditors.
Post a Comment