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Bankruptcy for michael kors handbags Gregory Canyon company

Bankruptcy for Gregory Canyon companyBy J.Nancy Chase, the longtime spokeswoman for Gregory michael kors handbags Canyon Ltd., said the unsecured creditors filed an involuntary petition against the company Thursday seeking relief under the provision of Chapter 11 reorganization.Chase said last month the company was seeking a new infusion of cash. It owes at least $320,000 to the county's Air Pollution Control District, which announced in January it was suspending work on the landfill's permit application because the company was past due on its hefty bill.On Thursday, she minimized the significance of the bankruptcy filing, saying it was designed to manage debt and provide new capital in order to develop a reorganization plan that would Michael Kors outlet take the project forward.”Big companies do this all the time,” she said.Everett DeLano, a lawyer who has opposed the plans to build the dump for years, said he was not surprised by the filing.”If it's really this tough to finance it, there's probably a good reason,” he said. “It's a bad idea. of Boston; and Richard Marcus of Western Skies Associates, LLC of Englewood, michael kors handbags Colo.Chase said the filing will put a stay on all of the local, state and michael kors outlet federal permits that are currently in the works and are needed before a landfill can cheap Michael Kors handbags be built. That means no work will be done on the permits, but they will also remain in the system during bankruptcy proceedings.How long reorganization might take is unknown. Chase said she hoped it could be done within a few cheap Michael Kors handbags months.Chase recently said the company has Michael Kors handbags cheap spent more than $62 million on its efforts to build the landfill.The project has been a hot button issue for the past two decades, pitting environmental groups, a Native American tribe and cheap Michael Kors handbags several local municipalities against project developers who have argued the future landfill is key to serving the region's trash needs.In 1994, voters approved Proposition C, a measure cheap Michael Kors handbags that amended the county's general plan and zoning ordinance to allow a landfill without a major use permit, thereby streamlining the project's approval. Ten years later, the project withstood another major challenge when voters rejected a ballot initiative that would have invalidated Prop. C.In both campaigns, millions of dollars were spent by both sides.The landfill would span 308 acres inside a 1,770 acre parcel about three miles east of I 15 and two miles southwest of the community of Pala.The Pala Band of Mission Indians has bitterly opposed the project, arguing it would desecrate a sacred tribal spot on Gregory Mountain as well as a nearby medicine rock marked with Native American pictographsArticles Connexes´╝Ü

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