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Settlement would end Sortis Holdings bankruptcy push — if judge, creditors don’t intervene
Settlement would end Sortis Holdings bankruptcy push — if judge, creditors don’t intervene
Settlement would end Sortis Holdings bankruptcy push — if judge, creditors don’t intervene

Published on: 01/31/2025

This news was posted by Oregon Today News

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Description

Four creditors filed a petition last November to force Sortis Holdings into involuntary bankruptcy, but a settlement is pending.

Sortis Holdings would pay creditors a lump-sum cash payment and stock in a subsidiary under a proposed settlement that would dismiss the creditors’ petition to push the company into bankruptcy.

News Source : https://www.oregonlive.com/business/2025/01/settlement-would-end-sortis-holdings-bankruptcy-push-if-judge-creditors-dont-intervene.html

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