Missoula attorney Dick Samson is working with the bankruptcy court as a panel trustee, as two different firms are involved in negotiations on whether to purchase Vann's Incorporated.
A bankruptcy judge in Missoula on Tuesday morning gave Vann's, Incorporated one month to complete the sale of the 5 retail stores throughout the state to a Bozeman businessman.
The business was already under Chapter 11 protection, and had announced that the stores were closing when the news came over the weekend of a potential buyer...
Vann’s, Incorporated’s new CEO Jerry McConnell sent a letter Sunday to all employees regarding the company’s Chapter 11 Bankruptcy filing in Federal Bankruptcy Court. In the letter, attached below, McConnell explains what the Chapter 11 filing means to employees, customers, suppliers and vendors.