Robert Ingala, the President of Baron International filed yesterday for another 30 day extension in his emergency bankruptcy application. His lawyer stated that while they have draft copies of financials, assets/liabilities, schedules and plan they are still awaiting the completion of his taxes to file. It is noted that 2 of the many creditors listed on his bankruptcy application are the Internal Revenue Service and New Jersey Dept. of Taxation. The extension was granted until May 12th.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.