Westcrowns Expected to File Bankruptcy Next Week

Westcrowns Inc., the Shallotte, N.C., distributor of Pilkington's Profilit product which abruptly shut down last Friday will be filing for Chapter 7 bankruptcy possibly the end of this week but more likely next week, according to William Janvier, the bankruptcy lawyer who is representing the company. He is with Everett Gaskins Hancock & Stevens LLP in Raleigh, N.C.

Janvier explained that with the filing, which is a liquidation bankruptcy, the court will appoint a trustee to oversee the liquidation of the company's assets and to sort out its financial matters.


No reproduction, in print, electronic or any form without the expressed written permission of
Key Communications Inc. 540-720-5584.

USGNN Home