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Firm Watch

Mar. 27, 2001

Graham & James: BANKRUPTCY FILING SHOWS CREDITORS OWED $6 MILLION

According to schedules filed in its Chapter 7 bankruptcy case, Graham & James, which shuttered its doors last summer, owes creditors $6 million, but only has $4 million in assets.

        According to schedules filed in its Chapter 7 bankruptcy case, Graham & James, which shuttered its doors last summer, owes creditors $6 million, but only has $4 million in assets.
        The firm reported $44.9 million revenues for its partial year of operation in 2000. The firm had brought in more than $120 million in 1998 and 1999.<...

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