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Sweeping Industry News Bulletin

June 2017

Victory Sweepers Applies for Chapter 11 Protection

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Victory Sweepers, Inc. has applied for Chapter 11 bankruptcy protection. According to Victory's president, the company's management team felt that a Chapter 11 filing was "an opportunity to reorganize so as to better facilitate a pending sale, allowing Victory the best opportunity for debt repayment and market timing going forward."

The United States Bankruptcy Court for the Northern District of Alabama has scheduled a hearing on the sale of assets belonging to Shadrach, Meshach & Abednego, Inc. f/k/a Victory Sweepers, Inc., for Tuesday July 25, 2017 at 10:00 am at the Federal Courthouse in Huntsville, Alabama.

Although one offer has been made, additional offers are being solicited. All parties interested in obtaining information regarding the assets to be sold or in submitting a bid for the assets should contact Kevin D. Heard, Attorney at Law, at kheard@heardlaw.com or by telephone at 256.535.0817.


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