Wednesday, March 02, 2005
HANOVER TWP. -- Warner-Crivellaro Stained Glass Supplies Inc., which plans to relocate next year, has been under reorganizational bankruptcy since December, its owner confirmed Tuesday. "
"Warner blamed the filing on 'non-financial reasons,' with one being a discrimination lawsuit filed by an ex-employee."
Even an otherwise financially strong company can use Chapter 11 to avoid liabilities. Don't be surprised by one of your largest customers filing Chapter 11.
Business Credit Insurance
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