Posts Tagged ‘Bankruptcy’
JRJR Networks Files for Chapter 11 Bankruptcy
According to a report by the Newark Advocate, Longaberger parent company JRjr33, also known as CVSL and JRJR Networks, filed for Chapter 11 bankruptcy last Friday in U.S. Bankruptcy Court for the Northern District of Texas. JRjr33 representatives failed to show for a court-ordered conference Friday in Franklin County Common Pleas Court, in Columbus. The conference, a judgment debtor…
Read MoreStemtech Emerges with New Investors
Stemtech, a global seller of nutritional products based in Pembroke Pines, Florida, has teamed up with new investment partners who will add significant value to the company in the areas of finance, product development and global strategic planning. Ray Carter, a director of many of the Stemtech sister companies around the world, said he views this as a major positive…
Read MoreStemtech Is Not Closing its Business
In a story we posted online Dec. 18, 2017, and in our January issue of Direct Selling News, we incorrectly reported that Stemtech International, a global seller of nutritional products based in Pembroke Pines, Florida, had filed a motion with the U.S. Bankruptcy Court to convert its Chapter 11 bankruptcy status to Chapter 7. It was…
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