Why Pot Companies Can't File For Bankruptcy - Business Insider

09/25/14


The Denver Channel

Why Pot Companies Can't File For Bankruptcy
Business Insider
The Arenas had sought to file for Chapter 7 bankruptcy, which requires debtors to turn over their assets to a trustee. In turn, the trustee liquidates those assets and gives the money to creditors. In a case like this, Tallman noted, that trustee would ...
Denver bankruptcy case dismissed because of marijuana connectionDenver Business Journal
Judge denies bankruptcy protection to Denver marijuana businessThe Denver Channel

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