BUFFALO, N.Y. (AP) – Executives of a broke New York-based dental sequence that abruptly sealed offices in 13 states final year contend probably all of a company’s apparatus has been sole off to compensate creditors.
Allcare Dental Management’s arch executive officer, David Pennington, and President Robert Bates answered questions about a financial state of a business during a creditors assembly in U.S. Bankruptcy Court in Buffalo Monday. It was a initial such assembly given Allcare filed for Chapter 7 murder in November, scarcely a year after closing.
Court filings uncover HSBC Bank is a largest creditor and is due $1.7 million on
Article source: http://www.keyc.tv/story/16307931/creditors-meeting-in-ny-dental-chain-bankruptcy