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 […]
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 […]
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
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Banking and Finance Law
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