InvestorsHub Logo
Followers 140
Posts 11864
Boards Moderated 4
Alias Born 05/25/2006

Re: PINKFISHERMAN post# 80

Tuesday, 06/02/2009 2:15:18 PM

Tuesday, June 02, 2009 2:15:18 PM

Post# of 102
Northfield Laboratories (NFLD) Chapter 11 Petition Filed...

6/2/2009;

Northfield Laboratories filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, case number 09-11924. The Company is represented by Ian Connor Bifferato of Bifferato LLC. The filing was made to facilitate the Company's previously-announced plan to wind down its business operations and carry out an orderly disposition of its assets. The Company states that the decision to file was made "after an exhaustive review of alternative options and is seen as the most favorable means for the Company to continue its wind down process and liquidate its remaining assets for the benefit of its creditors and other parties in interest." The Company expects to file with the Court a liquidating plan and related disclosure statement.


All posts are purely my opinion and are not buy or sell recommendations, Please do your own research & DD.

Join InvestorsHub

Join the InvestorsHub Community

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.