Court filings: Schwebel’s may rise again
Schwebel Baking Company looks to enter an accelerated bankruptcy proceeding as part of its strategy to attract new ownership for the century-old business, according to paperwork filed Tuesday in U.S. District Court, Youngstown. The potential for a new buyer was revealed when U.S. District Judge Donald C. Nugent rescheduled a status conference involving attorneys representing Schwebel’s and 10 International Brotherhood of Teamster locals. Spearheaded by Teamsters Local No. 52 out of Valley View, their attorneys filed suit against Schwebel’s on Monday seeking a temporary restraining ...