UPDATED: Creditor Files to Liquidate Equity Media, Claims Company Cannot Meet Payroll Obligations

by Mark Hengel  on Wednesday, Dec. 10, 2008 12:29 pm   7 min read

A complaint filed Dec. 2 against Equity Media of Little Rock alleges company management repeatedly acted in their own self-interest rather than in the interest of creditors. Also, a creditor files a motion to change the voluntary Chapter 11 to a involunta

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