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Blue Deep Ltd., a subsidiary of St. Louis-based Global Link Technologies Inc. (Business Briefs).


* Blue Deep Ltd., a subsidiary of St. Louis-based Global Link Technologies Inc., has made an offer to buy the real estate, equipment, molds, tools and intellectual property of bankrupt BANKRUPT. A person who has done, or suffered some act to be done, which is by law declared an act of bankruptcy; in such case he may be declared a bankrupt.
     2. It is proper to notice that there is much difference between a bankrupt and an insolvent.
 Champion Boats Inc. Blue Deep says the deal would assure that the manufacturer of the Champion and Back Country Powerboat lines would remain at its existing - Mountain Home plant. If the bankruptcy court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties.  accepts the Blue Deep offer, it expects to employ 120-170 workers, many of whom are expected to be former employees of Champion Boats.
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Comment:Blue Deep Ltd., a subsidiary of St. Louis-based Global Link Technologies Inc. (Business Briefs).(Brief Article)
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 21, 2002
Words:85
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