Posted on Wednesday, June 19th, 2013 at 7:43 pm
CNET Networks, Inc. founder Halsey Minor is looking to continue his bankruptcy claim after his case was dismissed last month, noting the fault wasn’t his own but rather his attorney’s, who missed the deadline for filing bankruptcy.
Minor filed a personal Chapter 7 bankruptcy claim with the U.S. Bankruptcy Court in Los Angeles on June 7, five years after he sold CNET for $1.8 billion. However, the case was dismissed on June 13 due to a “failure to file schedules, statements, and/or plan.”
The online docket for the case also contained detailed asset lists and a roundup of the debtor’s state of affairs, information which judges require to assess whether or not to grant a bankruptcy.
Minor’s assets were listed as more than $32 million, while his debt was more than $104 million. In his reinstatement claim, he said all the necessary documents for the case have now been filed.
If, like Minor, you need to file for Chapter 7 bankruptcy, don’t hesitate to contact our offices at 713-973-6650 so that you can discuss your options with a lawyer at the Russell Van Beustring P.C.