A Tampa bankruptcy judge has denied an equity committee’s motion to appoint a trustee or examiner in Biovest International’s bankruptcy case.
The committee contended that Tampa-based Biovest (OTCQB: BVTI) has admitted withholding information that may be related to the value of the business.
As a basis for its request for a trustee or examiner appointment, the motion also alleged that recent information has been uncovered demonstrating that since 2005, the company “consistently misrepresented…
A Tampa bankruptcy judge has denied an equity committee’s motion to appoint a trustee or examiner in Biovest International’s bankruptcy case.
The committee contended that Tampa-based Biovest (OTCQB: BVTI) has admitted withholding information that may be related to the value of the business.
As a basis for its request for a trustee or examiner appointment, the motion also alleged that recent information has been uncovered demonstrating that since 2005, the company “consistently misrepresented…