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Ritchies Auction House Ordered Into Bankruptcy
"The troubled Toronto-based Ritchies Auctioneers has been pushed into bankruptcy by its landlord, who is claiming the 42-year-old company is indebted to her for nearly $131,000." Court documents say Ritchies owes its one secured creditor about $300,000, while unsecured claims total "at least $1.5-million." The Globe and Mail (Canada) 10/27/09
"The troubled Toronto-based Ritchies Auctioneers has been pushed into bankruptcy by its landlord, who is claiming the 42-year-old company is indebted to her for nearly $131,000." Court documents say Ritchies owes its one secured creditor about $300,000, while unsecured claims total "at least $1.5-million." The Globe and Mail (Canada) 10/27/09
Posted October 27, 2009 06:12 AM
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