19 July 2010

Creditors to meet on Springbok bankruptcy filing

Creditors to meet on Springbok bankruptcy filing - Denver Business Journal
Creditors of Springbok Services Inc. will meet on July 26 to figure out how to proceed following the company’s recent bankruptcy filing.

The Douglas County-based prepaid card seller filed for Chapter 11 bankruptcy protection in federal bankruptcy court in Denver on June 18, citing total debts of $35.9 million, according to court documents. Its biggest creditor is Cleveland-based KeyCorp, which is owed $15 million