Looks Like Unpaid Vendors Will Get Nothing from Via International
Not a big surprise, but court-appointed receivers for the Via International bankruptcy probably won't be distributing any funds to unpaid vendors.
Vendors were asked to email firstname.lastname@example.org, and this is the response they are receiving:
Thank you for submitting your invoices, I've submitted them to the receivership estate. I've also attached a copy of the court order appointing Cordes & Company as Receiver of the assets of Via International for the purpose of liquidating the company. I'm not sure if you are aware, but Via has ceased all business operations.
As the Receiver has been liquidating the assets, it is becoming apparent that there will not be any funds available to satisfy any of the claims. The secured creditor, which hold a priority secured interest in all of Via's assets is not likely to receive anything close to what their loan balance is. If that should change, your invoices are submitted in the claims.
I'm sorry, I know this isn't the answer you were hoping for. If you should have any additional questions, please do not hesitate to let me know.
Cordes & Company Solely as Receiver of Via International Inc
Beverly Blank Associate
RELATED: VIA International 2.0: Contact Info for Receiver, Update on Operations Via International Ceases Operations: High-End Home Technology Group in Receivership - - - - - - - - - - - - - - - - JULIE JACOBSON
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Julie Jacobson is founding editor of CE Pro, the leading media brand for the home-technology channel. She has covered the smart-home industry since 1994, long before there was much of an Internet, let alone an Internet of things. Currently she studies, speaks, writes and rabble-rouses in the areas of home automation, security, networked A/V, wellness-related technology, biophilic design, and the business of home technology. Julie majored in Economics at the University of Michigan, spent a year abroad at Cambridge University, and earned an MBA from the University of Texas at Austin. She is a recipient of the annual CTA TechHome Leadership Award, and a CEDIA Fellows honoree. A washed-up Ultimate Frisbee player, Julie currently resides in San Antonio, Texas and sometimes St. Paul, Minn. Follow on Twitter: @juliejacobson Email Julie at email@example.com
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