SCORE BOARD TO LIQUIDATE ASSETS TO PAY CREDITORS
NJ-based memorabilia company Score Board Inc. plans to
liquidate its assets to pay creditors, according to a WALL
STREET JOURNAL report. The company, which has been
operating under Chapter 11 bankruptcy protection, said it
expects to be delisted by the NASDAQ "because it can't meet
minimum requirements for listing." The company also plans
to sell its inventory and its intellectual property, trade
fixtures and "certain other assets" in about a month. Score
Board President John White resigned and was succeeded by F.
Duffield Meyercord (WALL STREET JOURNAL, 5/15).