Tag: closes

The Committee is therefore entitled to recover pre-judgment interest on the principal amount of its preference recovery from the date of its counsel’s initial demand letter, July 13, 1994, until the judgment is entered (thereafter at the statutory judgment rate). In this case, the evidence clearly showed much unusual collection activity on Defendant’s part during… Continue reading Waterford bicycle factory closes So, too, does another chapter in Schwinn history

Rather, before bankruptcy, Lamar “rarely” had discussions with the presidents of any of Debtors’ vendors about amounts owing to those vendors. 38, p. 53 (lines 5-10). By 1950, Schwinn had decided the time was right to grow the brand. At the time, most bicycle manufacturers in the United States sold in bulk to department stores,… Continue reading Waterford bicycle factory closes So, too, does another chapter in Schwinn history