Content about Trustee

August 21, 2014

Door manufacturer Masonite International announced Thursday that it would be restructuring its Masonite Israel subsidiary in order to avoid a court-appointed trustee being placed in charge of the company.

In order to restructure, the company requested a stay from the Israeli courts after evaluating the company’s options. The Israel company is currently operating at a loss, and constituted under 1% of Masonite International’s sales in the last fiscal year. 

January 7, 2011

The Chapter 11 bankruptcy filing of a century-old lumberyard business in Petersburg, Va., has resulted in a legal battle between family members, according to an article in the Progress-Index.

September 21, 2008

A succession of builder bankruptcies in California, Arizona, Wisconsin, Utah and other parts of the...

September 16, 2008

A succession of builder bankruptcies around the country have tightened credit policies at most lumberyards,...

September 9, 2008

Trustees said the store is set to close on Nov. 24, leaving the village without...

July 17, 2008

At the LBM Institute’s Eco-labeling forum held Wednesday in Kansas City, Mo., lumberyard owners lined...