Latest from Narco
Posted: Sun Jun 12, 2011 3:58 pm
Taken from the Narco site-
NOTICE TO ALL THIRD PARTY PROPERTY OWNERS
The assigned trustee of the federal court is closing the Chapter 7 bankruptcy as a “no asset “ case. Therefore he will not be answering communications or doing anything further concerning Narco.
Narco is closed and has no employees, therefore third party property remaining at Narco's Fort Washington, PA facility is in possession of the landlord. Narco had secured creditors and the landlord of the facility may have a landlord's lien for rent We expect the secured party(s) and landlord to follow state court procedure to dispose of the assets of Narco.
You should take action immediately to get your equipment back. We recommend that you hire counsel to file the appropriate action to get access to the premises in order to reclaim your property. An attorney who practices in Philadelphia, Michael Kaliner, is representing some parties in this matter. You may retain him or anyone you wish, but we are fearful that if you do not act quickly, your property could be erroneously disposed of by the landlord or secured creditors of Narco.
NOTICE TO ALL THIRD PARTY PROPERTY OWNERS
The assigned trustee of the federal court is closing the Chapter 7 bankruptcy as a “no asset “ case. Therefore he will not be answering communications or doing anything further concerning Narco.
Narco is closed and has no employees, therefore third party property remaining at Narco's Fort Washington, PA facility is in possession of the landlord. Narco had secured creditors and the landlord of the facility may have a landlord's lien for rent We expect the secured party(s) and landlord to follow state court procedure to dispose of the assets of Narco.
You should take action immediately to get your equipment back. We recommend that you hire counsel to file the appropriate action to get access to the premises in order to reclaim your property. An attorney who practices in Philadelphia, Michael Kaliner, is representing some parties in this matter. You may retain him or anyone you wish, but we are fearful that if you do not act quickly, your property could be erroneously disposed of by the landlord or secured creditors of Narco.