On October 15, 2015 the company filed a voluntary Chapter 7 bankruptcy in the U.S. Bankruptcy Court Southern District of New York (Manhattan) under Bankruptcy Petition #:15-12787-reg. The first meeting of creditors is scheduled to be held on November 9, 2015 at 9:30 AM at 80 Broad St., 4th Floor, USTM. The company is represented by Samuel Jason Teele of Lowenstein Sandler, LLP., 65 Livingston Avenue, Roseland, NJ 07068, Phone 973 597-2500, Fax 973 597-2400 and E-Mail steele@lowenstein.com.
