Creditors win right to go after Roberts’ other holdings
Published: December 19,2011
JACKSON — Creditors in a bankruptcy case involving Roberts Broadcasting Co. will be able to sue other businesses belonging to the company’s owners.
St. Louis-based Roberts Broadcasting is owned by Michael and Steven Roberts, who filed for Chapter 11 bankruptcy in October with debts totaling more than $4 million.
The St. Louis Post-Dispatch reports several real estate and hotel businesses owned by the Roberts brothers were not included in the bankruptcy.
Creditors in the bankruptcy case filed a petition last week asking to sue those other companies to recover money that had been transferred from the four TV stations.
After a hearing Wednesday in St. Louis, a judge approved the creditors’ request.
Roberts Broadcasting owns WRBU-Channel 46 in St. Louis, and stations in Jackson, Columbia, S.C., and Evansville, Ind.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “Creditors win right to go after Roberts’ other holdings”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- UMMC reaching out after death of high school football player
- MDOT: Work on I-269 is on schedule, several phases at halfway point
- Margaritaville owner files for bankruptcy before landlord hearing
- City leaders vote against offering insurance to one adult, possibly same-sex partner
- Delta Council says condition of Highway 6 'of crisis dimensions'
- Severstal completes the sale of Columbus plant to Steel Dynamics
- Another marker going up on Mississippi Country Music Trail
- Researchers fly drone into hurricane for the first time
- House votes for transfer of Yellow Creek Port land to state