Nov 07
Blog Post: NJOY Asset Buyers Must Turn Over Docs To Ch. 7 Trustee
by Anonymous
Buyers behind a $30 million purchase of e-cigarette maker NJOY's assets after it declared bankruptcy will now have to answer to its Chapter 7 trustee, who's seeking information for possible lawsuits over preferential transfers and breaches of fiduciary duty, a Delaware bankruptcy judge ruled Monday.
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