The United States Bankruptcy Court in Tampa Florida has approved the 'plan of reorganization' (actually a liquidation plan for the disposition of the company's assets) for CrossGen Entertainment. The court acted after the plan was accepted by the requisite number and amount of creditors in each class affected by the plan. For details of the sad end of the comic book publisher, which lost more than $15 million since 1999 and finished some $10 million in the red, see 'CrossGen Sets Reorganization Plan'.
The Long Goodbye Is Over
Posted by ICv2 on May 26, 2005 @ 11:00 pm CT
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