News and Events


Winston-Salem Journal: Bankruptcy judge approves sale of Microfibres assets to Turkish company

February 18, 2017

A U.S. Bankruptcy Court judge has approved a Turkish textile company buying the assets of defunct Microfibres Inc., including its plants in Winston-Salem.

Trustee Joseph DiOrio had valued the Microfibres assets at $7.46 million, of which $3.78 million is inventory, some of which could […]

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Microfibers - Copy

Winston-Salem Journal: Settlement reached in Microfibres WARN Act lawsuit

January 21, 2017

A settlement has been reached in the WARN Act compensation dispute between defunct Microfibres Inc. and plaintiffs certified for a class-action lawsuit.

The settlement was disclosed Friday, eight days after the case appeared headed to alternative dispute resolution.

Bankruptcy trustee Joseph DiOrio said the parties expect to […]

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Happy Holidays from DiOrio Law

December 10, 2016

Best wishes to  our clients and friends for a Happy Holiday Season and our sincere thanks for your loyalty and goodwill throughout the year.
From your friends at DiOrio Law.

Joe, Chip, Kristen, Rayna and Alison

(Click on image to enlarge […]

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DiOrio Law Ranked by Best Law Firms in Three Areas

November 5, 2016

We are honored to have been ranked again by Best Law Firms and US News & World Report in  Tier 1 for the following three categories:
Banking and Finance Law
Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law
The U.S.News – Best […]

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