Liberty International Holding Corp., a Fort Lauderdale-based penny stock company, was thrown into bankruptcy court after three creditors alleging $5.5 million in claims filed an involuntary Chapter 7 petition against it.
An involuntary petition is filed when a company refuses to pay its creditors and they ask a bankruptcy judge to either liquidate or reorganize the company so they can recoup their money.
In October, federal authorities filed criminal charges against Liberty International and five…Miyerkules, Disyembre 31, 2014
Penny stock real estate firm dragged into bankruptcy over $5.5M in claims
Liberty International Holding Corp., a Fort Lauderdale-based penny stock company, was thrown into bankruptcy court after three creditors alleging $5.5 million in claims filed an involuntary Chapter 7 petition against it.
An involuntary petition is filed when a company refuses to pay its creditors and they ask a bankruptcy judge to either liquidate or reorganize the company so they can recoup their money.
In October, federal authorities filed criminal charges against Liberty International and five…
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