subject: Style of Minnesota receives bankruptcy petition [print this page] Style of Minnesota receives bankruptcy petition
ST. PAUL, Minnesota - The Style of Minnesota meals and music festival obtained a petition for bankruptcy from a group of collectors following claiming they could not spend their debts.
Twelve collectors filed for an involuntary Chapter 7 bankruptcy in opposition to the proprietor of the festival, International Event Marketing, LLC, claiming the business has roughly $one million in unpaid obligations.
While the provider can contest the petition, they will most very likely not battle the collectors.
Andy Faris, President of IEM, supposedly despatched a letter to creditors in October regarding the company's inability to shell out off their debt.
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