Thursday, February 10, 2005

Bankruptcy judge orders release of company report

A federal bankruptcy judge in Massachusetts yesterday reversed an earlier decision and ruled that an examiner's report on the Gitto/Global Corporation should be released, the Sentinel & Enterprise reports.

Judge Joel B. Rosenthal had ruled on Jan. 5 that a court-appointed examiner's report on the Lunenburg, Mass., company, which filed for Chapter 11 bankruptcy in September 2003, should be sealed.

The reversal means the full report will be made available to the public on Feb. 23. The Sentinel & Enterprise had filed a motion with the court seeking the release of the report.

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