01-11-2018, 08:39 AM
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NAR # 19250 - Life Member
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Join Date: Sep 2008
Location: Woodstock, IL
Posts: 497
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Quote:
Originally Posted by modeltrains
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The press release is pretty clear that they want to keep the company running:
"Under the process afforded to us under Chapter 11, we hope to reach an agreement with our creditors that will allow us to implement a restructuring plan that fully addresses our financial challenges while simultaneously identifying a prospective buyer that shares our vision of providing the best possible outcome for our employees and the future of Hobbico."
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