Re: Motive Power & Equipment Solutions filed for Chapter 7 Bankruptcy after D&SNG filed a petition for arbitration against them
| March 01, 2022 08:27AM |
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I read the Freightwaves article that Chris linked above shortly after he created the thread. However, I somehow missed this part:
It appears that David Wilkerson / MP&ES made the decision to wind up their business at least 5 months prior to the D&SRR arbitration filing in 2022. And did so without telling their customers.
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- Graham
Quote
Freightwaves
According to the Greenville County Register of Deeds office, David Wilkerson, who served as president and CEO of MP&ES, sold the land where the company is located for $475,000 to Palmetto Trust of SC LLC in August without alerting customers.
In court documents, an employee who works for one of Durango’s sister companies drove to the MP&ES site in Greenville in January and noticed that the company’s signs had been removed and the property “appeared to have been deserted for a while.”
[www.freightwaves.com]
It appears that David Wilkerson / MP&ES made the decision to wind up their business at least 5 months prior to the D&SRR arbitration filing in 2022. And did so without telling their customers.
.
- Graham
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488 stops for water at Los Pinos tank on closing day Oct. 1979. Photo courtesy Don Richter
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