Bankrupt Sportcraft Owes Asian Suppliers More than $17.4MM
The Mount Olive, NJ, marketer of table games and inflatables, which intends to liquidate after filing for Chap. 7 bankruptcy late last month, owes 20 of its Asian suppliers more than $17.4 million. Sportcraft owes nearly $39.5 million in secured claims and another $23.1 million in unsecured, non-priority claims according to schedules filed in the case on Jan. 13. ... Log in to view full article.