Court Approves Sale of Accent Window Assets to Creditor PH TechMay 24th, 2011 by DWM Magazine
The U.S. Bankruptcy Court for the District of Colorado recently approved the sale of Accent Windows’ assets to its largest creditor, PH Tech Inc. The order came about just two short months after Accent filed for Chapter 11 in early March.
While an auction for the sale of the company’s assets originally had been scheduled for May 18, as of May 6 the only bid that had been received was that of PH Tech’s. Bids were due May 2.
The sale is scheduled to close on May 31, according to Terry Marcovich, president, Accent Windows.