Henry Dunay Case Update

A quick update on the Henry Dunay Chapter 11 filing …

Dunay has hired firm “RSR Consulting” to help him restructure. He has obtained financing, but according to his court papers, he can’t file a reorganization plan because ..

Neither the Debtor nor any other party can file a meaningful plan at this stage of the Debtor’s Case because the extent of the Debtor’s inventory, and the value of its assets, are unknown.

There is still much work to do before the Debtor (or party in interest) [can] formulate a meaningful plan of reorganization.

I spoke to Mr. Dunay briefly; he told me “things are moving along.”

JCK News Director