Quantcast
Home / News / Headlines / S.C. gun supplier files for bankruptcy, majority owner sued (access required)

S.C. gun supplier files for bankruptcy, majority owner sued (access required)

CHAPIN (AP) — A South Carolina gun and sporting goods distributor is filing for bankruptcy amid allegations of mishandled funds borrowed by its majority owner. News outlets report Ellett Brothers has its first hearing in bankruptcy court on June 11. Lending company Prospect Capital Corporation is suing the distributor’s majority owner, Wellspring Capital Management. Prospect says it ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*