U. S. Bankruptcy Judge C. Ray Mullins closed the doors permanently on the O'Sullivan Industries bankruptcy case Aug. 14, agreeing to a settlement with one creditor, denying another one and issuing a final decree in the case, which was initially filed in October 2005 and eventually led to the closing of Lamar and Barton County's biggest employer.
According to documents filed in U. S. Bankruptcy Court for the Northern District of Georgia, O'Sullivan officials reached an agreement to settle its differences with Wells Fargo for $20,000, "in full satisfaction of Wells Fargo's administrative and post-confirmation claims."
The judge denied another creditor who failed to show for the hearing.
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