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EDA seeks stay to collect Chieftain debt

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By Zach Johnson

zjohnson@caseynews.net 

A motion from the Liberty-Casey County Economic Development Authority (EDA) in Chieftain Steel’s bankruptcy case in federal court was granted, to reschedule a hearing on a motion for relief from stay, while the EDA seeks another motion for relief to stay in a second Chieftain Steel bankruptcy case.

A relief from stay would allow the EDA to attempt to collect payments on over $380,000 it loaned to Chieftain.

Without the relief from stay, the EDA would have to wait to collect until the bankruptcy cases end.


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The Casey County News | arichards@caseynews.net | 606-787-7171
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