Atlanta Georgia Bankruptcy Blog

Bankruptcy Judge to determine who controls Creative Loafing

March 31, 2009 · Leave a Comment

by Sundeep Kothari

Atlanta Georgia Bankruptcy Attorney

BK Judge to determine who controls Creative Loafing

The bankruptcy judge in the Chapter 11 case filed by Creative Loafing will determine who controls the popular Atlanta alternative publication, Creative Loafing, as well as its sister publications in other cities.

Ben Eason, whose families started the business, claims that he should retain control. Atalaya Capital Management, which lent Creative Loafing $31 million and is still owed that money, claims that it should be in control.

Creative Loafing has publications in six cities.

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