Trustee: $10 million needed to resolve Renegade tax disputes - Winston-Salem Journal: Business News

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Trustee: $10 million needed to resolve Renegade tax disputes

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Posted: Tuesday, February 5, 2013 6:55 pm

The bankruptcy trustee for three Mocksville tobacco companies said it will cost at least $9.59 million to resolve their remaining financial and federal excise tax disputes.

Renegade Holdings Inc., Renegade Tobacco Co. and Alternative Brands Inc. have been in Chapter 11 bankruptcy protection since January 2009. Their combined workforce is down to 86 from 140, including three jobs eliminated in January.

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