Thursday, June 11, 2009

Creditors push bankruptcy

MOBILE, Ala. - Three creditors of Bender Shipbuilding & Repair Co. filed an involuntary bankruptcy petition in federal district court to have the shipyard's assets liquidated. They hope to get money they say they are owed. Bender called the assertions invalid, and the company said it expects the case to be dismissed. (Source: Mobile Press-Register, 06/11/09)