The purchase of Standard Forwarding Co. was approved by a federal Bankruptcy Court Friday. According to the court report, the trucking company was purchased by newly formed Standard Forwarding LLC.
Standard Forwarding Co. originally filed for bankruptcy in November. The bankruptcy filing was the result of the recession and higher than expected operating costs. The newly formed LLC and purchase will likely save a number of jobs.
If you are considering filing for bankruptcy, contact the Milwaukee bankruptcy lawyers of the DeLadurantey Law Office at 414-377-0518.