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Replies to post #51 on Idaho Bancorp.(fka IDBCQ)
Enterprising Investor
04/24/14 8:23 PM
#52 RE: genlou #51
To facilitate the transaction, the Holding Company intends to file a voluntary petition in the United States Bankruptcy Court for the District of Idaho under Chapter 11 of the U.S. Bankruptcy Code and to sell the bank in a 363 sale in the bankruptcy.