Creditors Seeking Bankruptcy for Radio Company
Posted on Sep 4, 2011 2:15pm PDT
Creditors are reportedly asking a bankruptcy judge to put the parent company of Inner City Broadcasting Corp. into bankruptcy. According to reports, three creditors want the company in Chapter 11 bankruptcy as the owner recently pulled out of a deal to restructure the company's debt. If in
bankruptcy, the company would then be under another person's control.
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