Home » NEWS » Creditors win right to go after Roberts' other holdings

Creditors win right to go after Roberts' other holdings

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.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

One comment

Leave a Reply