Slavery Museum Bankruptcy DismissedBreaking News
RICHMOND, Va. – A federal judge dismissed the Chapter 11 bankruptcy case involving the U.S. National Slavery Museum of Fredericksburg, Va., after ruling against a motion to convert the case to a Chapter 7 liquidation.
The action came after it was revealed that pledges and an anonymous donor would pay delinquent real estate taxes owed to the city, one of the museum’s two secured creditors. The bankruptcy protection filing last year was intended to keep the city from selling the land.
The second secured creditor, architect Pei Partnership, is owed over $5.8 million. Pei attorney Milton Johns said negotiations have not been completed. He added he has not been told who the museum attorney will be. Sandra R. Robinson left the case after the Aug. 17 bankruptcy hearing....
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