IRWD is the ninth largest water district in California with over 116,000 service connections. The Trustee continues to liquidate Trustworthy Finance’s remaining belongings. Most not too way back, the Trustee filed a report on December eight, 2017, describing current proceeds that he obtained. This report might be found on this web site beneath the paperwork” tab (#2437). Over the previous quite a lot of months, the Trustee purchased Timothy Durham’s Nationwide Lampoon stock for $750,000 and a Nationwide Lampoon script for $150,000 (half of which has been paid, the opposite half is due by July 2018). The Trustee moreover obtained full value on the $3 million observe from his settlement with Nationwide Lampoon. One other $ninety two,001 debt owed to the bankruptcy property from Midwest Rubber was repaid on October 25, 2017.
That is the oldest excuses that the debtors have been utilizing since eternity to keep away from the … Read the rest