Bankruptcy Judge Shakes up Business
The Advertiser reports that federal bankruptcy Judge Gerald Schiff has ordered an outside manager to take control of Southern Structures. The company, which is in Youngsville, manufactures pre-fabricated metal buildings and was once the city's largest employer. The outside management was ordered because the company has allegedly given large donations to a religious group, Traveling Light Ministries, and replaced experienced employees in favor of members of the same religious organization. Traveling Light Ministries is apparently organized by Terri Kamm, who was the chairman of Southern Structure's Board of Directors until the firm declared bankruptcy.
Posted by AJR at July 16, 2004 09:48 AM