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Tag Archives: courts/lawsuits

Clover says it will emerge from bankruptcy soon

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Bankruptcy paperwork with calculator.

4L Holdings, the parent company for Clover Wireless, voluntarily filed for Chapter 11 bankruptcy in December. | TheaDesign/Shutterstock

A major North American phone repair and remarketing company has received court approval to restructure its debt, allowing it to come out of bankruptcy in the coming days.

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Three more CRT suppliers settle in Closed Loop court case

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A number of developments have taken place in the high-profile Ohio CRT case over the past month. | mojo cp/Shutterstock

An Iowa solid waste commission agreed to pay nearly $240,000 to help fund removal of CRT materials abandoned in Ohio, and two e-scrap operators agreed to pay lower amounts. Meanwhile, settlement negotiations continue with one of the largest suppliers. Continue Reading

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Collector ordered to pay restitution for California fraud

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The owner of an e-scrap collection company will pay restitution after pleading guilty to fraudulent business practices. | VN Photo Lab / Shutterstock

This story has been updated and corrected.

The owner of a defunct Orange County, Calif. company must pay more than $150,000 in restitution after investigators found he defrauded the state’s electronics recycling program.

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New Total Reclaim CEO: ‘I believe in the redemption story’

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Total Reclaim’s staff has been cut in half in recent years as the company dealt with fallout from an export scandal.

A West Coast processor that earlier this year saw its founders sentenced to prison is now being led by Bobby Farris, who has worked for a variety of recycling companies. He says the firm’s brand can be rebuilt. Continue Reading

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