Daniel Saval of Kobre & Kim. Courtesy photo IT Firm Rolta International's Chapter 11 Bid Tossed by Bankruptcy Judge
Rolta International's creditors said they are owed more than $200 million by the Alpharetta, Georgia-based IT company, which has offices around the country and in Canada.
January 28, 2021 at 06:14 PM
3 minute read
A federal bankruptcy judge in Alabama tossed out a bid by information technology company Rolta International to seek Chapter 11 protection, agreeing with a group of creditors owed more than $200 million that the company "did not have a realistic ability to effectively reorganize."
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