SCOOP: Shareholders probe Eaze bankruptcy
Photo by Jamieaze, Wikimedia Commons
A shareholder-backed probe is investigating the bankruptcy of MSO Eaze Technologies Inc. in an attempt to claw back assets and potentially reclaim a stake in the restructured retailer. The March chapter 7 bankruptcy filing lists dozens of creditors who together were owed at least $3.6M.
A September letter from a lawyer representing the Eaze Technologies estate instructs the recipient to retain all documents due to the potential for litigation. Chapter 7 bankruptcy, also known as a liquidation bankruptcy, because the company shuts down, gives the trustee broad powers to investigate the company’s handling of . . .
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