Chism Hearing Delayed -- Firm Seeks Creditors' Ok for Bankruptcy Plan

Summary


Chism Trail Inc. has another four weeks to get creditors behind its bankruptcy reorganization plan as the judge in the case cast doubt on the plan's possible approval.

Once considered a success story in the minority business community, the grocery company filed for Chapter 11 protection more than a year ago.

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Extract


Chism Hearing Delayed -- Firm Seeks Creditors' Ok for Bankruptcy Plan

A hearing in U.S. Bankruptcy Court in Memphis on the reorganization plan was sc...

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