Milwaukee Forge enters receivership, buyer sought for business

Gold Flora Corporation Files for Receivership

COSTA MESA, Calif. – Gold Flora Corporation, a cannabis company with subsidiaries operating across California, filed for a voluntary receivership under the laws of the State of California on March 27. The company seeks court protection as a result of obligations from legacy lawsuits that arose out of Gold Flora’s acquisition of TPCO Holding Corp (more commonly known as The Parent Company) and mounting costs of operations and high-yield debt. Add…

Paragon forced into Receivership - Sapulpa Herald

SAPULPA –– Paragon Industries, one of Sapulpa’s largest employers and a pillar of the local business community for many years, along with its CEO Derek Wachob, have been embroiled in over $200 million in lawsuits over the past few months, resulting in massive layoffs. The company is now in court-ordered receivership after defaulting on an $18.5 million promissory note issued by Byline Bank in Illinois, in which Wachob pledged the company and its…

Milwaukee Forge enters receivership, buyer sought for business

Milwaukee Forge has entered receivership under Chapter 128 to position for growth while continuing operations with no layoffs. Learn more.