How will the Companys chapter 11 filing affect vendor relationships?
The Company is committed to maintaining a positive relationship with its vendors. For goods and services provided post-petition, the Company will pay vendors in the ordinary course of business. Payment of pre-petition indebtedness will be addressed under the terms of a plan of reorganization or other court approved process.
Related Questions
- As a company, we consider our vendor relationships a critical link to our purchasing environment. How does IEM Group protect the sensitivity of those relationships?
- What does a vendor need to do with respect to unpaid invoices for goods and services that have been provided after the Companys Chapter 11 filing?
- How does the Chapter 11 filing affect the companys international operations?
